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Collections Law/Accounts in Collections

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Question
QUESTION: We have acocunts that have been sent to collections that are at least 6 months to a year old or more that have had no payment made to them.  In this case, can we pull the accounts back from the collection agency?

ANSWER: Dear Anita,

Thank you for your question.  When you stated you have accounts in collection that you would like pulled, are you a creditor or a consumer?


Ontrack Financial Group

---------- FOLLOW-UP ----------

QUESTION: Thanks for responding.  In reply to your question, we are the creditor. A medical facility in the state of Arizona.  Do you have any specifics for Arizona laws or, do you know where I can find specific information as I haven't had much luck with the exception of your information.

Answer
Dear Anita

Thank you for your question.


Generally there's a contract between the collection agency and the vendor that outlines performance, commission, length of time an account is placed with the agency ect.  Do you have a copy of the contract?


Give me a call 888-686-6834 ext 8013 I can give you further details   


Mike Moore

Ontrack Financial Group llc

Collections Law

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With the credit market on a brink of collapse, the future of having good credit will be paramount. Loans will be near impossible to obtain with strict lending practices around the corner. Debt collectors and Law offices will use even stronger tactics to recover more of your hard earned money. Protecting you and your credit has to be a top priority. In 2000 Ontrack Financial Group llc founded the credit arbitration movement. More and more companies entered into the arena and new business models joined old ones. Only one company has the attitude and aptitude to truly assist our clients. Ontrack Financial Group llc is that company! With our proven credit arbitration solution, you can become Charged Off Debt free within three years or less. Our clients have eliminated their Charged Off Debts with our service and avoided communication with collection agencies and law offices in the process. Since the inception of Ontrack Financial Group™, we have continued assisting our nation-wide clientele with their burdensome unsecured debt and has enrolled thousands clients in its programs, managing millions of debt for its clients without one complaint. Ontrack Financial Group™ is a for-profit, private company and is not affiliated with the credit bureaus or the credit industry. As a result, our services are unbiased and independent, which allows us to better serve the consumer.

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