The Proactive Benefit of the Vicarious Collection Effect Phenomenon.
(1888PressRelease) Rumson, Bolling & Associates analyze the benefits of proactive spending.
Los Angeles-Long Beach, CA – 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.”
Source:
http://www.1888pressrelease.com/rumsonbollingassociates/news/the-proactive-benefit-of-the-vicarious-collection-effect-phe-pr-195804.html
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