Central Research
8647 Richmond Hwy # 601
Alexandria, VA 22309-4206
Central Research
Central Research is an Virginia collection agency. Virginia collection agencies can help businesses, medical practices and facilities that are creditors to collect their accounts receivable. Debt collection help might include; collection demand letters, debt collector phone calls, credit reporting to credit bureaus and legal proceedings including lawsuits.
As with any business, if you are considering hiring Central Research to collect your debts, you should contact their local Better Business Bureau and check their references.
You should be certain that Central Research is abiding by the Fair Debt Collection Practices Act (FDCPA), the main law that regulates collection agencies. You don’t want to damage your reputation or create a liability for you business by using a disreputable debt collector.
You might also want to find out if the Virginia Attorney General has taken any action against them for privacy violations or not abiding by collection agency regulations. You should also know that they are in compliance with all Virginia collections laws including (but not limited to):
- Virginia Collection Agency Bond & Licensing Rules
- Virginia Statute Of Limitations
- Virginia Interest Rates (to avoid usury)
- Virginia Wage Garnishment Exemptions
- Virginia Bad Check Laws (NSF)
Central Research
central research collection agency, central research collection
leur rzellashen says
Yes, companies sell delinquent accounts to collection agencies.
say that Discover wants to sell Suzy Q. deadbeat account. She owes them $2,000. Collection Agency 1 offers to buy debt from Discover. At this point, Discover is not really concerned with making a bunch of money, they just want the loss off their books. After negotiating, the two companies agree that the debt will be sold for .20 on the dollar. CA1 buys the $2,000 debt for $400.
Now the fun begins! All the agents know the amount of the original debt, the amount CA1 paid for it and information. Their goal, ultimately, is to make a profit for the company. They will try their hardest to get her to pay way more than the $400.
I always tell my clients – take bill collectors personally. just business!