Penick, Parr & Associates is a national collection agency with an international reach. We will contact your debtor(s) within 1 hour after receiving your list of debtors and faxed your signed approval to handle your account receivables.
Contingency basis; no recovery, no fee.
Personal contact with your debtor.
Provide you with written/phone updates of each debtor.
All monies recovered are placed into a non-interest bearing trust.
Monies recovered & placed into trust will be distributed on the 15th of the following month as per the US Banking Laws. Trust statements & updates provided.
Ability to conduct asset & liability searches.
Financial instition investigations.
Search of Tax assessor roles for properties.
Secretary of State searches.
Free up your employees to conduct work on accounts that are paying; and give us a chance to prove our ability to collect from those debtors that don't. Our average turnover rate is within 21 days and our collections average is 60-66%. Call for rates.
Ports of Presence:
USA - Baton Rouge, USA - Charleston, USA - Houston, USA - Los Angeles, USA - Miami, USA - New Orleans, USA - New York & New Jersey, USA - Norfolk, USA - San Diego, USA - San Francisco
ACCOUNTS RECEIVABLE COLLECTIONS. BAD DEBTS.