Professional Asset Recovery charges a percentage of every receivable on which we collect. The amount of the percentage varies, depending on the length of the debt’s delinquency, the volume of receivables placed with us, and other factors. Fees are stated in advance.
The recovery strategy begins with written notification, which is followed by a call from one of our representatives to discuss an amicable resolution for both parties involved. If the debtor still neglects to pay, Professional Asset Recovery continues to the next step of our recovery strategy process. In some instances, litigation eventually becomes necessary. If so, we assign the account to one of the thousands of collection/litigation attorneys countrywide with whom we work. Every case is different, but one constant remains: If we don’t recover the funds owed to your firm, there is no fee.