Here are some of the high quality services we provide.
The ‘contingency’ part of that process is simply that the third party collects no fee unless successful in recovering the funds owed to the creditor. Premier Collections is glad to take on the role of that third party on behalf of our clients who seek a more forceful attempt to collect than simple phone calls and letters.1
Asset and liability searches can be pursued in varying degrees. A standard search and report might include a review of the creditor’s public records such as liquid assets, credit report, property ownership, and investigation of any other legal proceedings the creditor is involved with. A comprehensive search might involve a thorough investigation of all a creditor’s financial activities and holdings, including hidden assets.2
Preparatory to pursuing an action for recovery of funds owed to a creditor, it is often necessary to determine the full portfolio of assets owned by a creditor, so that a strategy for funds recovery can be decided upon. This is one of the special services provided by Premier Collections to assist our clients in such recoveries.3
Depending on the state of the project, the last thing a supplier or sub-contractor wants is to have a non-payment on a job that goes south and the General Contractor go out of business all at the same time. This scenario happens all to often and has years of consequences for most involved. We help overt this type of scenario.4