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Contact us now for a free consultation or fee structure |
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Call us now! 1-800-251-3357 |
E-mail us now! info@weiss&mueller.com |
| Timing is the key to RECOVERY | |
| The age of a
charge off when placed with our firm is one of the most key factors
controlling the amount we will recover. Figures on the right are based on averages.
If your company's credit and collection policies are more progressive, we
would have a greater success.
You will begin to lose money on an account whenever a payment is not received within the net terms. As this account gets older, the collect-ability decreases and your losses from an inability to use the money increase. If, for example, your company is operating at an 8% profit margin, $2,000.00 that cannot be recovered requires $25,000.00 in additional sales to simply break even. |
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