LiquidEdge Offers Business Case on Collecting Out-of-Statute Debt Accounts

http://www.insidearm.com/news/00005277-liquidedge-offers-business-case-on-collec/

LiquidEdge a leading provider of analytical and operational services to the ARM industry, continues its ARM Business Case Series analyzing a key business opportunity in the collections arena.

The latest ARM Industry Business Case, How to profitably collect on aged and Out-Of-Stat accounts, addresses the topic of Aged and Out-Of-Stat Debt. There is a real debate in the industry around the profitability of these accounts and if they are worth the effort. The fact remains that the bulk of the accounts charged off early on in the recession are now considerably aged or Out-Of-Stat, so there is a huge opportunity for companies interested in operating out of their comfort zone.

How to profitably collect on Aged and Out-Of-Stat accounts showcases a real life Agency challenge and shares a successful 3 step process for profitably collecting aged and Out-Of Stat Accounts.