RBA's Exclusive Forwarding Fee Contract Increases Recovery Rate

Top Quote Rumson Bolling Associates exclusive Forwarding Fee Contract continues to show increased recovery rates on bad debt. Collection benefits of proactive spending have a much greater proven success rate than most other collection methods. End Quote
  • Los Angeles-Long Beach, CA (1888PressRelease) May 07, 2010 - Clients who pay money upfront for collection placement packages send a loud and clear message to their customer base, directly impacting their accounts receivable environment.

    One client who utilized a forwarding fee contract provided by Rumson, Bolling & Associates had this to say:

    "I paid $2,700 up front to Rumson Bolling Associates and agreed to a forwarding fee contract. The contract allowed me to place collection claims into collection litigation over a one year period. So far I have placed 5 claims into litigation and still have 3 placements left should the need arise - but I don't think it will because I sent a message to my customer base which is you better pay my bills first because I have already paid a collection agency to see you if you don't. I'm not telling my current and past due clients that if they don't pay something might happen I am saying to them:

    'I've already prepared myself in case you don't pay and I am going to sue you.'

    I want to thank Rumson Bolling Associates for helping me get this message out there. I have seen a sharp drop in my aging receivables and I believe its because I put it out there to the world that I'm not going to hire a no recovery - no fee agency later to collect after the fact. Instead I've hired an agency proactively to specifically sue my debtors immediately if they do not pay. Anyone who complaints about spending proactive money up front to help curb potential and real delinquents, I guarantee you has a bad collection problem. Just the act of spending the money proactively up front, created the boundary and my receivable problem cleared itself magically."

    RBA sees the importance in proactive spending for debt collection. The costs and incentive proactive client spending can boost the success of a collection agency. Once it is clear that standard collection techniques collection methods are being snubbed by debtors, its time to act. Rumson, Bolling & Associates offers an exclusive copy written Forwarding Fee Contract to our clients. A bond and relationship is created when up front costs are used in debt collection. Companies and individuals that trust RBA to handle their litigation costs and the head ache of suing their debtors are handsomely rewarded.

    Rumson, Bolling & Associates' Forwarding Fee Contract is copy written material and cannot be used without prior consent of Rumson, Bolling & Associates.

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