What TekCollect Can & Can’t Do To Help With Your Cash Flow

Having trouble with your business’s cash flow? Using TekCollect’s third party collection services will help to get your receivables back in good order without alienating your customers.

What can TekCollect do to help your business? We can make an attempt to collect past-due accounts through phone calls, notices in the mail, and depending on the severity of the delinquency and creditor type associated with your past due accounts, they could be credit reported or turned over to litigation. We can negotiate what is outstanding and set up payment arrangements. Our collectors will identify themselves as being from TekCollect and say, “This is an attempt to collect a debt. Any information obtained will be used for that purpose.”

There are also things TekCollect cannot do in attempting to turn around your current state of receivables.  The FDCPA (Fair Debt Collections Practices Act) has laws that collection agencies must abide by; collectors cannot make repeated calls to a debtor in hopes of intimidating them. We cannot threaten violence or their arrest. We cannot publish information about them or use abusive or obscene language. We also cannot ask you to pay a debt you don’t owe and we cannot call you whenever we’d like to! Hours of calling are 8 am to 9 pm.

The #1 goal of our company is to improve the accounts receivables for our clients while protecting their reputation and relationship with their customers. We help businesses recover consumer debt while maintaining strong customer relationships.

To learn more about TekCollect, visit us on our website at tekcollect.com or call at 866-652-6500.

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