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collection agency terminology
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Collection Litigation

 Most creditors eventually find themselves faced with the prospect of filing a lawsuit to collect from one of their delinquent customers. Unfortunately, because of the commonly held misconception that attorneys are equally capable as it relates to collections, they usually refer the matter to the same attorney that handles their other business matters. The fact is that attorneys generally choose a specialty area of practice in the same manner that doctors do. Collection is a legal specialty, and while any attorney can represent you in court, collecting your judgment is where the real expertise comes in. Attorneys who dedicate their practice to collection litigation will consistently deliver a higher level of recovery than those who do not because of their familiarity with the process.

» We handle every aspect of attorney selection, suit preparation, and the filing process
» We interface with our attorney partner throughout the entire process and keep your file notes updated so you remain "in the loop" via your online account access
» We conduct exhaustive searches to identify assets that can be seized or sold to satisfy our judgment

 Diversified Recovery Systems works hard to make this process as convenient as possible and provides its services on a completely contingent basis and we pay the attorney from our portion! While many agencies claim to have international capabilities, the truth is that the ability to collect worldwide requires an expanded assortment of specialized tools. Diversified has made every effort to ensure that its international collection agents are fully equipped to meet the challenges presented by global recovery.

» Library of Worldwide Government Directories
» Reporting relationships with Commerce and Foreign Trade Divisions of the US Government
» The ability to register complaints with US and Foreign Embassies
» Foreign language translation software to allow native-language correspondence
» Flexible work hours ensure debtor contact regardless of time zone
» 24/7 access to language line interpreters in over 100 languages

 

 
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