Commercial Collection Agency

When it comes to collecting debt Brown and Joseph goes beyond the “status quo” by providing B2B debt collections through our innovative four phase debt collection law firm where statistics have proven to collect the most difficult account recovery situations faster without debt recovery litigation and costly judgment enforcement. 

In this new economy that surrounds business collections (B2B debt collections) companies are experiencing high trends in debt recovery litigation and elevated costs when employing debt collection firms. The rising costs of debt recovery litigation demands a change of tactic and business debt recovery solutions. Brown and Joseph as a commercial collection agency has taken the status quo of main stream commercial collections and developed an innovative four phase approach that increases recovery percentages, reduces the need for debt recovery litigation and the rising costs of litigation  charged through normal litigation law firms.

Our Approach

Our four phase approach combines the best of all the best practices employed by commercial credit risk analysis companies, commercial collection agency,  debt collection law firm and litigation law firm (s) at the same contingency business debt collection fee you pay now for your B2B debt collections.

Phase One- Commercial credit scoring and commercial credit risk analysis

Upon receipt of B2B debt collection assignments, companies receive Commercial credit scoring and commercial credit risk analysis. This intelligence is attached to the debtor information file and provides factual and critical commercial credit risk analysis during the collection process. 

Phase Two - Initial commercial credit risk analysis and B2B debt collections

Using the commercial credit score and commercial credit risk analysis, files are then segmented and prioritized by their predictive payment trend and balance. This segmentation rapidly identifies companies that have the financial resources available for rapid resolution and bad debt recovery. These cases are assigned to our experienced B2B debt collections specialist for the initial phase of collections through Brown & Joseph’s commercial collection agency. Companies with medium to low scores, meaning high credit risk, have a tendency to delay recovery with unsubstantiated disputes. Most commercial collection agencies will refer these more difficult cases to outside council for debt recovery litigation, which increases contingency fees and causes their client to incur court costs.

With Brown & Joseph these more difficult case are diverted to our in-house collection attorney  law office for pre-litigation collection calls without increasing contingency fees or charging fix attorney fees and court costs.

Phase Three - Internal law office collection attorney

Combining our internal debt collection law firm with our B2B debt collections reduces litigation for our clients to less than 1% files assigned. The results of utilizing our debt collection law firm during the initial phases of the collection process, increases bad debt recovery percentages, obtains higher settlements, reduced litigation costs and time spent in resolving the more difficult assignments and reduces costly judgment enforcement

Phase Four - Debt Recovery Litigation

Brown & Joseph maintains a national network of experienced litigation law firms. Our internal collection law firm management team will review and recommend suit based on factual commercial credit scores and he commercial credit risk analysis obtained in our initial phase. The use of this intelligence and process reduces the amount of non-profitable suits, judgments that cannot be enforced. litigation costs and costly judgment enforcement

The Results

Increased bad debt collection percentages and the reduction of back-end legal costs which results in a positive effect on your bottom-line profits.

To receive a free copy of “The Ten Advantages that Debtors have When Suit is Filed to Collect debt”  and how you can receive a no cost commercial  credit risk analysis on your bad debt collections portfolio click here.