The phrase
"delinquent accounts" refers to accounts or bills that have not been paid on time or are overdue.
Full definition
Your creditors may continue collection efforts
on delinquent accounts while you are enrolled in a Debt Settlement Program.
Because there are millions
of delinquent accounts in this country it's not uncommon for credit account records to get lost, destroyed, deleted or misplaced.
As discussed, I have demonstrated knowledge of following up with
delinquent accounts in order to get their billing issues sorted and to perform other patient collection activities.
It really depends on the amount of the debt and the resources of the business to deal
with delinquent accounts without a third party such as a collection agency.
• Skilled in coordinating collection activities
for delinquent accounts by preparing information for external collection agencies or attorneys.
Job Description A collector works in a variety of settings and is expected to solicit payments
from delinquent account by using company provided training and tools.
Reviewed individual and commercial accounts to collect information
about delinquent accounts and referred those accounts to collections.
However, since some
older delinquent accounts may have already been closed, it's not always possible to get current on those troubled accounts.
• Look
through delinquent accounts to determine outstanding payments and follow up with clients / patients to ensure that they are paid on time.
The broad powers granted under the agreement could help
sell delinquent accounts to debt buyers, consumer advocates said.
A valid
delinquent account status remains on your credit report until paid according to terms or after seven years from the date of first delinquency — whichever comes first.
You'll have 3 - 5 years to catch up
delinquent accounts according to a schedule that you and the bankruptcy trustee have agreed is workable for you.
Being a month or two behind looks slightly better on your credit report than a collection action, so make payments on the most
delinquent accounts first.
This may apply to those who just got out of bankruptcy or for those who had
delinquent accounts go into collections.
Recovery specialist responsible for administering policies and procedures pertaining to collection of
delinquent accounts averaging 600 accounts monthly.
Debt collectors get paid when they collect
on delinquent accounts; either as a percentage of what they've collected or after purchasing the debt outright.