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Our Debt Collection
Bad debt write-offs cost companies like yours billions of
dollars every year. Delinquent accounts that are responsible
for those write-offs not only cause a negative effect on
your company’s profit but can also bring many companies to a
screeching halt.
There is no need
to worry, as collection is our
business. We are professional debt collectors with
over ten years experience in the collection industry
collecting both commercial and consumer debts for major
companies in Jamaica and the Caribbean.
Our Collection is
done in an assertive, but professional manner and includes
the send ing
of highly customized debt collection letters, telephone
follow up, personal visits to the home and workplace,
repossessions and litigation. We use a number of
investigative techniques and resources to learn as much as
possible about the debtor, and use this information to
increase the pressure on the debtor to pay your account.
These methods have proven to be most effective. Our senior
management team reviews the activity that has been taken on
accounts which are not being satisfactorily repaid, and then
recommends to the Creditor what further action should be
taken.
Below is a sample of the debt collection solution we are
offering to you:
COMMERCIAL
DEBT COLLECTION
Business To Business:
We will collect your debt from
any business; most troubled companies do not have resources
to pay everyone, so typically they pay vendors who are
applying the most pressure. We believe the continuous,
escalating professional application of pressure including
personal visit with a senior executive of the debtor and
consistent pursuit is the key to effective commercial
collections. We use a number of investigative techniques and
resources to learn as much as possible about the debtor, and
use this information to increase the pressure on the debtor
to pay your account.
Consumer Debt Collection
At
Jamaica Collection we have master the art of collecting from
Consumers, We have come to recognize that
Persistence and
personal intervention is the key to successful consumer debt
collection. We obtain unprecedented collections through a
combination of tried and tested methods, our highly trained
and motivated collection staff together with state of the
art technology. We stand to focus on ALL your Consumer debt
Collection needs with our customized programs.
Medical Debt
Collection
Medical Debt Collections of
past due receivables requires an intelligent approach
towards the debtor which our collection agency is very good
at. Our clients are concerned with not only the recovery of
their medical bad debts but also the manner in which their
debtors are contacted. We can motivate delinquent patients
to pay you for the care you provided to them and they will
know that you are determined to get paid what you are
legally and ethically owed.
International Debt Collection
Bad
Debts know no borders, neither do we. Wherever the debt is
owed, we can collect it. With representatives in over six
countries, Jamaica Collection’s International Debt
Collection is done using its unique overseas alliance of
debt collection agencies and specialized law firms.
Judgment Debt Collection
Many creditors
feel that winning their case in court is the most difficult
aspect of their legal matter. However, once a judgment is
granted, they are often surprised to learn that the court
does very little to help them enforce the judgment. It's the
creditor's responsibility to identify the debtor's assets,
and levy upon them, if necessary, to collect the money that
is rightfully owed to them. We will track down these assets
for you, enabling you to seize to valuable assets to satisfy
your judgment.
Past Due Invoice Collection
We will pursue
all your past due invoices until the debtor is able to
effectuate a settlement in full or arrange an amicable
payment plan. We do both
Commercial and Consumer Collection.
Bounce
Cheque Collection
When
your customers pay with bad cheques it can be an
inconvenience or even have a devastating effect on your
company. We collect these Over-Due cheques on a
contingency basis for a percentage. No Collection . . . No
Fee
Effective Loan
Collection
Many loans
become non-performing (NPL) after being in default for three
months. We will collect these loans for you. Not only
do we send letters or make telephone calls to the
debtors, but we also have bailiffs on staff that is more
than ready to do a face-to- face visit or a doorstep
collection- visiting the debtors at their businesses and
homes.
NO
COLLECTION... NO COST OR FEE!! |
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New Collection Solutions
For You.
Early
Debt Collection
Early Debt Collection
is where you outsource your debts that are three
months old or less to us for collection. In
today's cash-flow management environment, most
accounts payable departments are guided by the
principle of "Maximized Cash with Minimized
Damage". In other words, if you don't call, you
don't get paid. The earlier you start the
process, the earlier payment follows. Our
professional staff and technologies afford you a
valuable extension to your Collection
Department.
Our
Soft Debt Collection:
Soft Debt Collection
is where Initial approach taken by Jamaica
Collection is to agreeably negotiate a
settlement with your client. You, the creditor,
can write your own script tailored to your
particular circumstances.
Contacts can be followed up by
mail on the creditor’s letterhead if desired. If
your client does not respond to this type of
Collection we will immediately move your client
onto the hard collection process. You will be
informed in a progress report before this action
begins.
Skip Tracking
Jamaica
Collection will conduct both local overseas
Skiptracing to locate the whereabouts of a skip
debtor. Our skiptracer will research the debtor
where about by checking Court Records, phone
number databases, credit reports (including
information provided on a loan application,
credit card application, and in other debt
collector databases), job application
information, criminal background checks, utility
bills (electricity, gas, water, sewage, phone,
internet, and cable), social security, public
tax information or any other public databases.
We may also call or visit former neighbors,
employers or other known contacts to ask about
the subject.
Face To Face Collection Service
When you use our
special face to face or door step Collection
Service we promise that within seven days of
contacting us, Our Bailiffs /
collectors will
personally go to the debtors’ place of business
or residence to collect and/or ascertain asset
information to determine the viability of
litigation. We become your “eyes and ears” on
the outside to determine if the address provided
is merely a temporary office or mail drop and,
of course, to determine if the debtor is
actively operating, shipping and receiving, etc.
In addition, we interview the debtor, attempt to
obtain payments, make notations of the assets
and appearance at the place of business. A
photograph is taken and then the appropriate
report is given to you, along with our
recommendations. Our face-to-face collection
service shows that we are serious about
collecting your debts.
Accounts Receivable Training
If you want to improve collection performance,
we have right collection Training for your
accounts department.
Our
specialize collections training can help you or
your team to improve
your accounts receivable performance. All
programs will be tailored to help you collect
more money...faster AND keep your customers!
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Handling the collection call.
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How to handle excuses given by debtors.
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Effective Collection letter, fax or e-mail.
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How to deal with the Customer who is
difficult or irate?
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How to negotiating with Debtors.
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