I was in a real rough spot fresh out of school, many of my loans had gone into default and were then being
handled by collection agencies that gave me no room to breathe.
Generally, it's best used with creditors who hold unsecured debt, which is debt not tied to any property the creditor can repossess — credit card bills, medical bills, or anything being
handled by a collection agency.
Some people are skeptical, saying it is impossible to settle a debt that is being
handled by a collection agency.
Not exact matches
Do the incentives for
collection agencies best align with borrower success, or would those functions be better
handled by loan servicers?
• Maintained electrical systems and
handled all component repairs and replacements for 9,000 square foot commercial building owned and operated
by local
collection agency.
• Working knowledge of ICD - 9 and ICD - 10 and OASIS • Excellent skills in reviewing delinquent accounts and creating avenues for overdue payments • Demonstrated expertise in translating medical procedures into codes that can be easily translated
by payers and medical facilities • Proficient in appropriately and confidentially
handling patient treatment, diagnosis and procedural information • Well - versed in investigating rejected claims and ensuring that they are resubmitted and paid • Special talent for investigating insurance fraud and determining ways to counter / avoid sticky situations • Skilled in verifying and completing charge information in company defined databases • Familiar with documentation needs (and manners of obtaining them) for insurance claims submission and approval • Qualified to work efficiently with external
collection agencies to ensure maximization of reimbursement • Particularly effective in
handling appeals for denials
by employing exceptional knowledge of carriers and appeal processes • Special talent for increasing reimbursements
by investigating denied claims and providing alternatives to denials