Integral Recoveries News
Integral's Legal Department Increases Recoveries for Clients
Litigation can be a complicated process. That is why Integral Recoveries, Inc. has assembled a team of specialists to establish an internal legal department to ensure maximum returns on delinquent accounts.
Integral's Legal Department works in conjunction with on-site attorneys in Colorado and a network of attorneys outside the state. Their expertise includes trial, hearing settings and execution of Judgments with Writs of Garnishment, Interrogatories, Citations and Property Liens.
Our legal personnel have been effective through superior organization, scheduling and consistent communication with attorneys, courts and clients.
The attentive and diligent efforts of Patti H. and Nicole C. in our Legal Department have undoubtedly increased Integral's recovery success rates and subsequent returns for clients.
Integral's Legal Department is a critical part of our infrastructure and provides us with a key advantage over our competitors in our performance-based industry.
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Municipal Courts Partner With Integral Recoveries
Recognizing significant amounts of unpaid court fines and penalties, many Municipal Courts have sought the services of Integral Recoveries, Inc.
With the unique capability of adding on the collection fee to the outstanding amount, the cost of our service is essentially passed on to defendants, returning the full original amount due to the Court.
Integral Recoveries, Inc. has recovered over $10.2million for more that 60 State and Municipal Court clients. On average, we have had a 54.79% collection success rate for Municipal Courts, resulting in considerable returns.
What are the keys to our achievement for the Courts? Experienced and knowledgable staff, meticulous and thorough collection efforts, and access to the top location, research tools and technology available in our industry.
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Integral Continues Expansion
Increased account placement volumes from new and existing clients in Financial and Government Services have resulted in steady staff growth throughout 2007.
This is consistent with Integral's model of managed staff increases, ensuring quality additions to our team of Account Representatives through intensive selection processes and comprehensive training.
Integral is committed to providing clients with performance that exceeds the capabilities of other agencies while protecting their valuable image by conducting our efforts professionally and ethically. Our superior personnel are the key.
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Economic Downturn = Need for Collectors
Our current economic situation has created a need for debt collectors at an all time high.
A look at the numbers tells why:
Consumer bankruptcies soared 38 percent last year, compared with 2006, according to the American Bankruptcy Institute and the Administrative Office of the U.S. Courts.
Consumer credit delinquencies in the fourth quarter of 2007 reached their highest levels since 1992, according to the American Bankers Association.
In the current economic climate, organizations have likely depended on the recovery efforts of collection agencies to offset increasing delinquent receivables.
Integral Recoveries has provided debt recovery solutions to many organizations in a variety of industries.
For information on how Integral can help you recover funds on delinquent receivables, please contact us at (800) 660-8450.
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