At Flathmann & Stern, we take pride in what we do and also have the confidence to follow through. We offer a guarantee on all of our services, meaning that you pay nothing unless we collect the debt. Try our debt collection services free today and take advantage of our new client discount.
At Flathmann & Stern, we take a scientific approach to the ordinary debt collection process. With each debtor, a profile is created and a plan of action utilizing proven collection techniques is put into place. What does this mean to you? Your debts get collected at a higher rate and quicker. The reason being, this instills in the debtor a sense of urgency in resolving the debt, ultimately getting you paid. Effective and persistent follow-up is key to our combined success. We have one of the highest rates of debt collection in the industry.
Why do some debtors pay and others do not? Why are some collection agencies able to collect a debt from a debtor and another is unable? If you understand these questions, then you are able to unlock the key to successful debt collection.
An understanding of typical debtor profiles will help a collector categorize a delinquent account, weigh collection potential, and map a collection strategy. The most common types of debtor include the following:
Debt collection is a challenging enough, but when the debt is international it becomes a much greater challenge to collect. First off, you are dealing with different cultures and not all cultures look at debt and an obligation to pay as Americans do. Then you add different languages and time zones and you can start to see the complexities. The legal systems are different as well and what works for collecting debts in the United States will not work in other countries.