Overview of Procedures Receipt of accounts acknowledged to you and a demand for payment sent to the debtor on the day an account is received. Accounts followed up consistently and persistently by telephone and mail. Money collected from your accounts is remitted to you on the fifteenth of the month following collection, along with our Trust Statement detailing all of the transactions. A monthly computerized Active Accounts listing is sent to you on the last day of each month, listing the current status of all of your active accounts. A Closed and Returned Accounts listing is sent to you on a quarterly basis, reviewing the accounts and the reason they were closed.
Detailed status reports on individual accounts are available upon request.
Any of our procedures can be modified to meet special needs your company may have.