Dormant debt is a term used to refer to a batch of debt that has been written off for a period of time or that has been previously listed with an agency in which the agency was unsuccessful. These accounts are typically older in nature and the volume or quantity of accounts is typically 250 or greater.
Please keep in mind that this type of collection is not for a one-off situation. Should you have an account or several which are a little older, this would fall under the commercial/consumer collections category.
Our unique business model was developed to increase revenue from existing files closed by first place agencies. A combination of products and services are used in this model including scoring, workflow standards, credit bureaus and triggers to maximize recoveries and monies for your bottom line.
If you have a bulk of accounts sitting uncollected at an agency currently, or a batch of written off debt, call us today to find out if you can take advantage of our Dormant Debt Campaign.
"Just want to say thank you to Holly Marchand and Stephen Morgan. For sending me reports and keeping me in the loop. "
"Our experience with NRC has been great from a company standpoint, always friendly and helpful with questions we've had. There were a couple lost accounts which is of course to be expected. The one "complaint" that was given by a few clients were the manerisms used to those in collections. On a personal side I agree that if they ignore our warnings and it gets to a point of being taken to collections then tough luck. However from a business stand point we do try our best to maintain relationships and avoid the opportunity for clients (past and present) to make possibly hurtful reviews of the company as a whole. "
"Staff repsonses quickly and are doing a great job in handling our older accounts and NRC has received all our new business"