Sentences with phrase «outside collection agency»

Responsible for all collection activities, billing, accounts receivables, such as handling of all cash postings and follow - up with attorneys or outside collection agencies regarding legal activities

WORK EXPERIENCE February 2007 — Present Shylock Lenders Credit Coordinator • Process credit applications • Field telephone calls and release orders • Develop bank and trade reference letters • Resolve past due issues • Obtain financial and demographic information • Follow up on delinquent accounts • Make recommendations on uncollectable accounts and inform outside collection agencies

* Administered delinquency cycle from start to finish, managing collections calling, skip tracing, outside collections agency coordination and related litigation.

Most districts try to collect outstanding balances through automated calls, texts or emails, and they may also hire an outside collection agency.

Once your account goes to an outside collection agency the account is usually «charged off» which means 180 days of nonpayment has gone by and federal law requires the debt be written off their books.

Generally, creditors send accounts that have been delinquent for four to six months to outside collections agencies.

In addition, they may have to notify an outside collection agency if they are using one.

Determine which accounts will be turned over to outside collection agencies; maintain the monthly bad debt reserve.

Handled internal collections as well as preparing information to outside collection agencies.

Unfortunately for some accounts, the last step is sending patient balances to outside collections agencies.

Assessed and approved which accounts needed to be assigned to the outside collection agencies.