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Our Accelerated Collection Strategy™ is the result of integration with Credit2B data on 35 million businesses, and its payment network with over 100 million payment histories.This insight empowers our Recovery Agents for successful negotiation with the debtor.We know that as a charged off debt ages, its future liquidation rate generally downward sloping (the exception is auto finance debt, as there is a delay between the time of charge-off and rehabilitation of the debtor, thus future flows are higher beyond the 12-24 month timeframe).How would you know how to predict future cash flows and liquidation rates without understanding the different vintages in the overall charged off population available for recovery?If the department does not collect a payment within that six-month period or if six months have elapsed since the date of receipt of the most recent payment on the account, the department shall notify the state agency.

If you prefer, we can also joint venture on the outcome, or enter into a contingency agreement.A private collection agency that collects an account under this section shall be held to the same standard of confidentiality, service and courtesy imposed on the state agency that assigned the account., the department shall have six months from the date of assignment to collect a payment.Except as provided in subsections (4) to (9) of this section, a state agency, unless otherwise prohibited by law, shall offer for assignment every liquidated and delinquent account to a private collection agency or to the Department of Revenue as provided in ORS 293.250 Nothing in subsection (1) of this section prohibits a state agency from offering for assignment a liquidated and delinquent account to a private collection agency at any time within the 90-day period.If, after a reasonable time, the private collection agency is unable to collect the account, the private collection agency shall notify the state agency that assigned the account that it has been unable to collect the account and shall relinquish the account to the state agency.




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