RecoveryPro Solutions
"Where Recovery Generates Money"
RecoveryPro Solutions Home
RecoveryPro Software
The 'Solution' for Businesses
The 'Solution' for Collectors
Account Referrals
Contact Us
Links
Frequent Questions
How to Choose an Agency
    

 

Question:  If I join RecoveryPro Solutions and I receive collection or judgment accounts from RecoveryPro Solutions, what % of my gross collections do I get to keep?

Answer:  For most of the accounts, you will receive 25% of the gross collections unless otherwise noted (from time to time, we may receive accounts from a source at commission rates that does not allow for us to give the full 25% - these accounts will be clearly identified and will not go below 15%)

  

  

Question:  Is there a minimum performance requirement to continue to receive accounts from RecoveryPro Solutions?

Answer:  No. Not as long as you are performing - however, RecoveryPro Solutions maintains the right to impose a minimum performance requirement, limit accounts, or provide direction and advice for those who are not performing at a satisfactory level.

 

 

Question:  What is a minimum performance requirement?

Answer:  A minimum performance requirement is a requirement to meet a minimum gross dollar recovery of RecoveryPro Solutions accounts on a monthly basis.

 

 

Question:  If I place accounts with RecoveryPro Solutions for collections, what % of the recovered funds can I expect to receive?

Answer:  You will receive 50% of the money recovered on your accounts - when and if recovered (Per the terms of your placement agreement).

  

  

Question:  I am a Collection Agency or a Judgment Recovery Professional. I am downsizing my debt portfolio or I want to outsource my accounts. If I assign all my accounts to the RecoveryPro Solutions, can I have a better rate than 50%?

Answer:  Yes, if you are outsourcing your accounts, give us a call and we can discuss a higher rate for your accounts. Higher rates may be available based on type of debt, age of debt, amount of debt, and number of accounts.

  

  

Question:  Why do I have to be certified in order to join and to receive accounts from the RecoveryPro Solution?

Answer:  In order to maintain the integrity of RecoveryPro Solutions and to protect the trust placed in RecoveryPro Solutions by creditors, we need to set standards, set recovery standards, and know who we are allowing to access RecoveryPro Solutions accounts.

 

 

Question:  If I join RecoveryPro Solutions, can I use illegal or unethical tactics to collect debt?

Answer:  No. We will not tolerate illegal or unethical practices by any RecoveryPro Solutions affiliate - even for non RecoveryPro Solutions accounts. We require all affiliates to follow Federal and State collection laws; including the FDCPA. The Fair Debt Collection Practice Act can be found at: http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre27.pdf)

 

  
     
Website Builder
 
         
      Copyright 2010, All Rights Reserved