Large Claims Collections
While our commercial collection agency handles claims of all sizes (with an average claim size requirement of $5,000 or more), we are particularly renowned for our expertise in handling large claims. When you are owed $25,000, $50,000, $200,000, or over $1 million, it often transcends a basic collection matter. The sum owed to you holds significantly greater importance than a smaller claim.
Our principals possess a unique blend of experience and education that grants us a significant advantage over most other debt collectors. Having firsthand experience as small business owners and entrepreneurs, we have been intricately involved with numerous small and startup companies in various capacities such as founder, buyer, owner, hired executive management, director, or senior advisor. Drawing from these diverse experiences, we have acquired invaluable insights into identifying, understanding, and empathizing with the myriad of challenges that small business owners may encounter when faced with unpaid bills.
Utilizing this knowledge, we employ a probing approach to engage business owners in dialogue, allowing us to discern their personality and gain deeper insights into the underlying issues affecting their business. This understanding is pivotal in reaching a successful resolution of the matter, enabling us to determine viable solutions and craft a tailored debt collection strategy that persuades the debtor to agree upon a course of action to resolve the issue.
Our principals also boast extensive experience collaborating with billion-dollar organizations in management consulting, deal-making, and litigation capacities. This firsthand exposure provides us with invaluable insights into the inner workings of these businesses and effective strategies to accomplish objectives. We possess a deep understanding of the mindset of executives at this echelon, their primary concerns, and effective communication channels to engage them and prompt resolution of debt collection matters.
We are adept at negotiating with these executives, distinguishing between negotiation tactics and genuine issues impacting their ability to pay. Furthermore, we comprehend the internal processes and diverse personnel at different organizational levels, enabling us to navigate through the appropriate channels and effectively advocate for attention to the debt collection issue and prompt action for resolution.
Drawing from our extensive consulting and operational backgrounds, our principals possess invaluable insights into the inner workings of hundreds of companies across diverse industries. This deep understanding enables us to discern misleading comments, pose insightful questions, establish rapport with debtors, and guide them toward resolution.
Our principals bring a unique blend of negotiation, deal-making, and litigation expertise to the table. With a track record of negotiating over $500 million in transactions, encompassing mergers, acquisitions, divestitures, joint ventures, licensing agreements, debt and equity financings, and public offerings, we are well-equipped to navigate complex business deals. Additionally, our in-house attorney, who previously served as associate general counsel overseeing global litigation for a prominent public entertainment company, adds a layer of legal acumen to our team.
Having conducted business in numerous countries, we possess insights into diverse cultures and problem-solving approaches. We command the respect of high-profile attorneys and their Fortune 500 clients, while also adeptly engaging with local attorneys and their clientele. Furthermore, our proficiency in contract analysis, honed over decades of executive management, consulting, and debt collection experience, enables us to interpret contracts, identify crucial details impacting disputes and validity, and strategically frame contract language to benefit our clients during debt collection endeavors.
Our principals hold college degrees and graduate credentials from top-five universities in both business and law. Possessing a rare combination of fundamental knowledge and extensive experience, they boast analytical prowess comparable to the finest minds in the business world. Many of the larger claims we handle transcend simple debt collection matters, requiring sophisticated skills to identify underlying issues, assess personalities, explore viable solutions, and devise effective negotiation strategies. This is elaborated upon in our video and transcript on handling large claims.
Our principals excel as debt collectors, a fact underscored by our remarkably high success rate over the years. Their expertise extends beyond debt collections, playing a pivotal role in our achievements.
Following an initial consultation, a seasoned debt collector will oversee the case personally, leveraging our network of industry specialists for strategic guidance as necessary. On average, our debt collectors boast a decade or more of experience in commercial collections.
