Illinois Collection Agencies
collect bad debts for businesses and medical facilities in Illinois. Their fees are based on the percentage of the monies collected, or sometime on a flat fee per collection.
Illinois Collection Agencies
Hire Illinois collection agencies to help collect your delinquent accounts. Illinois collection agencies can help find debtors collect your outstanding invoices. Using an Illinois collection agency can save you money and time because their business is collecting debt, and yours is not. After 90 days of internal collection efforts, the Illinois Collection Agencies contingency fee is usually less than your cost to write off the account or continue sending bills, paying postage etc…
Collection Agencies in Illinois are regulated by State and Federal laws. Illinois collection agencies MUST abide by these regulations. If they do not, they are subject to stiff fines and government action.
Before you look for an Illinois collection agency, please consider the following considering they will be representing your business:
- Years of collection experience.
- Bilingual and/or International capabilities.
- Professionalism of collectors and the agency reputation.
- Compliance with the Fair Debt Collection Practices Act and other collection laws.
- Value added services such as skip-tracing, credit reporting, legal forwarding and best practices advice.
- Should have a presence in the largest Illinois cities: Chicago, Rockford, Aurora, Naperville, Peoria, Springfield, Joliet, Elgin, Waukegan and Cicero.
With Chicago in the northeast, small industrial cities and great agricultural productivity in central and northern Illinois, and natural resources like coal, timber, and petroleum in the south, Illinois has a broad economic base. Illinois is an important transportation hub; the Port of Chicago connects the Great Lakes to the Mississippi River via the Illinois River, and for decades, O’Hare International Airport has ranked as one of the world’s busiest airports.
Illinois Collection Agencies
can help save you a lot of frustration, time and money that you can invest in growing your business or practice.