Minnesota Collection Agencies
collect bad debts for businesses and medical facilities in Minnesota. Their fees are based on the percentage of the monies collected, or sometime on a flat fee per collection.
Minnesota Collection Agencies
Hire Minnesota collection agencies to help collect your delinquent accounts. Minnesota collection agencies can help find debtors collect your outstanding invoices. Using an Minnesota 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 Minnesota 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 Minnesota are regulated by State and Federal laws. Minnesota 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 Minnesota 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 Minnesota cities: Minneapolis, Saint Paul, Duluth, Rochester, Bloomington, Brooklyn Park, Plymouth, Eagan, Coon Rapids and Burnsville.
Minnesota’s earliest industries were fur trading and agriculture; the city of Minneapolis grew around the flour mills powered by St. Anthony Falls. Forestry remains strong, including logging, pulpwood processing and paper production, and forest products manufacturing.
Minnesota Collection Agencies
can help save you a lot of frustration, time and money that you can invest in growing your business or practice.