When debtors have failed to pay their obligations on time, and you’ve exhausted every effort to make some sort of arrangement, turning the debt over to a collection agency is the most practical move. When hiring a debt collection agency Arizona, make sure it possesses the qualities that you want. These three should be at the top of the list.
Make sure the agency is a reputable one. Debt collection in general is not popular among consumers, and the fact that some agencies use questionable methods doesn’t help. Make sure the agency you choose is known to have an excellent reputation.
Next, take a good look at the agency’s success rate. If the agency has been around for a long time and is known to recoup quite a bit of the money owed to their clients, see that as a good sign.
Last, remember that hiring a debt collection agency in Arizona could be the beginning of a long business relationship. Assuming that the agency is able to do a good job this time, you may be willing to return to them when there are client invoices well past 120 days. Knowing where to turn later will take some of the angst out of the entire collection situation.
Contact an agency today and outline the situation you face. Find out what could be done to avoid going to court and settle the matter amicably. If you like what you hear, give the agency a chance. It may turn out to be the best business decision that you make today.