New York Collection Agencies
collect bad debts for businesses and medical facilities in New York. Their fees are based on the percentage of the monies collected, or sometimes on a flat fee per collection.
New York Collection Agencies
Hire New York collection agencies to help collect your delinquent accounts. New York collection agencies can help find debtors collect your outstanding invoices. Using an New York 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 New York 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 New York are regulated by State and Federal laws. New York 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 New York 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 New York cities: New York City, Buffalo, Rochester, Yonkers, Syracuse, Albany, Manhattan, Brooklyn, Queens, Staten Island, New Rochelle, Mount Vernon, Schenectady and Utica.
New York City is the leading center of banking, finance and communication in the United States and is the location of the New York Stock Exchange, the largest stock exchange in the world by dollar volume. Many of the world’s largest corporations are based in the city. The state also has a large manufacturing sector that includes printing and the production of garments, furs, railroad equipment and bus line vehicles.
New York Collection Agencies
can help save you a lot of frustration, time and money that you can invest in growing your business or practice.