F.A.Q.
American Debt Recovery – Frequently Asked Questions
The best time to place an account is 60-120 days. Now these vary depending on industries but if your goal is to get paid quickly and mend the relationship, the sooner the better. Once you cut of goods or services the debtor will move on to the next company. At that point they have no reason to pay you.
If there is talk of a check in the mail that never comes, slow paying, nonpayment, past 30 days past net terms, ignoring your emails, phone calls and letters.
We are a contingency based firm. We only get paid if you get paid.
In the United States 600,000 business go under a year. This accounts for small to large business. So it is safe to say if you are not getting paid and they are still in business, they are paying someone else with your money. It is only a matter of time before they go under, change their name or change ownership and you are left with an invoice that will never get paid.