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The accounts receivable management industry – from collection agencies to debt buyers, and even creditors – is currently enamored with using a legal collection strategy. As the economy recovers, that strategy might gain even more traction with the rise of employment, a key aspect in leveraging the legal channel through wage garnishment. But even taking [...]
Skip tracing is a high priority in any collections environment, and developing this skill set in your staff is absolutely critical. It will be even more imperative to have a retooled skip tracing strategy as new accounts flood the ARM industry in the midst of economic recovery.
That's why LexisNexis® offers a number of solutions to quickly locate both businesses and individuals. Features will help you locate debtors even with old or partial information. We can also give you access to more than 98 million numbers that are not included in the Electronic Directory Assistance (EDA), including millions of cell phone and non-published numbers.
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