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Yonkers, New York - Collection Agencies search results Premier Listings

Popular Collection Agencies Terms

Collection agencies collect debts on behalf of businesses like medical centers, banks, and insurance firms. Credit card companies and other private businesses may also hire collection agencies to collect their debts. This is sometimes necessary when a company’s clients fail to pay their loans, bills, and other financial agreements. Mortgages and credit card bills are both two types of financial contracts that are made between two parties. When someone owes money but hasn’t paid in, say, three months, collection agencies may get involved. They charge a fee for their service, but work diligently to settle the debt through phone calls, letters, in-person visits, and legal action if necessary. Once a debt is paid, the collection agency closes out the account or claim. They must adhere to certain state and federal regulations, though, on how to collect a debt. If you need to hire a collection agency for your business, call the firm or visit its website for more information. Also known as credit bureaus and bounty hunters, collection agencies may charge interest rates on the accounts for commercial and residential customers. If you owe a debt collection agency money, you may be able to pay the bill online. It’s helpful to know some popular definitions in the business.

  • Creditor – A business or person to whom money is owed.
  • Skip Tracing – The act of tracking down a person to settle a debt on a financial contract, bill, plan, or other agreement.
  • Asset and Liability Searches – One service offered by collection agencies that allows them to search for assets or liabilities.
  • Pre-collection – A service offered by collection agencies that involves letters and telephone contact before more aggressive forms of collection. The level of pre-collection can be customized by the client.
    Commercial Collection Agency Association
    Arlington Heights, IL 60006
    Your source for Collection Agencies in the Yonkers area. We help you find Collection Agencies for all of your collection needs in and around the Yonkers area.
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    TSG Collections, LLC
    20 N Van Brunt Street, Suite 10, Englewood, NJ 07631
    Call us at (877) 784-5144 in Englewood, NJ, for persistent and insistent debt collection services.
    (212) 404-2734
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    (203) 603-9460
    Acc Enterprises International
    405 Lexington Ave.chrysler Bld. 25th &26th Floor, New York City, NY 10174
    Collection agency specializing in debt collection for businesses. We have a high debt recovery rate, and charge very reasonable fees for our services. Client support is available online 24/7.
    (716) 791-7540
    Power Adjustment Group
    92 Main St Apt 305, Yonkers, NY 10701
    (914) 207-6190
    Gleason & Gleason Inc
    860 Palmer Rd Apt 2e, Bronxville, NY 10708
    (914) 779-5660
    Gruber Ben Inc
    6 Xavier Dr, Yonkers, NY 10704
    (718) 515-7560
    Crg LLC
    92 Union Ave, Cresskill, NJ 07626
    (201) 568-3630
    Conscious Collecting LLC
    5622 Mosholu Ave, Bronx, NY 10471
    (718) 432-3077
    Zevuloni & Assoc
    718 S Columbus Ave, Mount Vernon, NY 10550
    (914) 663-2858
    Cypress Financial Recoveries LLC
    175 Washington Ave Ste 9, Dumont, NJ 07628
    (201) 385-7900
    Account Control Systems Inc
    148 Veterans Dr Ste 4, Northvale, NJ 07647
    (201) 767-5300
    Asta Funding
    210 Sylvan Ave Ste 1, Englewood Cliffs, NJ 07632
    (201) 567-1922
    Alert Collections Service Co Inc
    32 Chester Pl, New Rochelle, NY 10801
    (914) 738-6990
    Cornerstone Research Systems
    3520 Olinville Ave, Bronx, NY 10467
    (718) 325-4730
    National Capital Recovery Svce Inc
    481 Main St Ste 504, New Rochelle, NY 10801
    (914) 632-4074

    The businesses referred to as collection agencies specialize in reminding or compelling individuals with outstanding debts to make good on their financial and legal obligations. The collection agency industry acts on the basis of the legality inherent in an individual's credit, but not necessarily as the company to which the money was originally owed. In general, the collection agency field is known for the proactive and potentially antagonistic stance which it typically takes toward people who have not yet settled their credit obligations. One of the main sources of variability in the collection agency field derives from the relationship which the company has to the creditor and the debtor. As a supporting function, an agency can collect payments from a debtor of its parent company. Collection agencies of this kind may also be known as first-party collectors. On the other and, people with outstanding bills are often compelled to pay off their obligations to-called "third party" agencies. The original debtor can allow for this practice by contracting out the right to make good on a debt claim to one of those third parties. Commercial collection agencies will be paid based on a fee or a percentage based on the interest rate involved. Another third-party sector of this field consists of companies which specialize in purchasing the right to compel debtors to settle their bills. Since this financial industry sometimes engages in abusive behavior toward people with unpaid debt plans, the U.S. Congress carried out regulation through the Fair Debt Collection Practices Act (FDCPA). Cornell University's Law School maintains relevant online information. People without sufficient medical insurance to cover their bills, or other financial obligations, can thus learn about the scope and limitations of their rights, and protect themselves more effectively.
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