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McKinney Collection Agency
Welcomes You!
The term
collection agency is usually applied to third-party
agencies, called such because they were not a party to the
original contract. The creditor assigns accounts directly to
such an agency on a contingency-fee basis, which usually
initially costs nothing to the creditor or merchant, except
for the cost of communications.
This however is
dependent on the individual service level agreement (SLA)
that exists between the creditor and the collection agency.
The agency will then take a percentage of the debt that is
successfully collected; sometimes known in the industry as
the "Pot Fee" or potential fee upon successful collection.
This does not necessarily have to be upon collection of the
full balance and very often this fee is paid by the creditor
if they cancel collection efforts before the debt is
collected. The collection agency makes money only if money
is collected from the debtor (often known as a "No
Collection - No Fee" basis).
What will we do for you?
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We will provide your
information to up to five qualified and competent
collection firms with a proven record of accomplishment
and client satisfaction.
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Your claim will be
analyzed and evaluated by expMcKinneynced collectors who
will contact you directly regarding placement of the
claim with their firm
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Your claim will be, upon
placement with one of our preferred agencies, handled by
expMcKinneynced collectors who know how to extract payment
from your debtor, using letters, phone calls and other
methods of personal contact.
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All of the firms will
provide you service on a “No recovery = No Fee”
contingency fee basis, so that if the firm does not
recover your money, you will not owe them a fee!
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We will help you take
those unpaid bills and invoices and turn them into cash
in your pocket.
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Our referral service is
absolutely FREE. There is no charge for our
referral.
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