Third Party Recovery has been the bulk of what we do at Butler, Robbins & White over the last 26 years. Recovering Uncollected Revenue and turning it into cash flow is our expertise, and what has made us a brand name for some of the largest well known companies in the world.
What is Third Party Recovery?
Third Party Recovery involves uncollected invoices from your company which are turned over to a Licensed Professional Revenue Recovery Firm to recover your uncollected revenue. Uncollected revenue can seriously impact on cash flow. We, the third party, put our best efforts through best practices to work to find who is responsible for payment and contact them to start the collection process immediately.
Our Sr. Recovery Specialists have been in the industry for a minimum of ten years! “All" specialists are well versed in all of the cutting edge collection methods and tools that bring Butler Robbins & White such a large percentage of success. While we are not a law firm, we are well versed in the law, which further helps the collection process.
As economic times get tougher, many debtors make being in debt “their” new profession and it is up to us to stay steps ahead of this “new” breed of professional debtors. In this environment we recommend not only getting “personal guarantees” but getting background checks and credit reports on “new” clients which ultimately can save you “third” party collections down the road. (Please see other services we offer below).
We work on a contingency basis, which means there is no “out of pocket” or up front, expenses when starting “third” party collections with Butler Robbins & White. Fees are due once we collect the money.Our fee rates are ‘variable” depending on how old the invoices are, how much the invoices are for, and if we are the first company outside your own to handle the collection on the invoice. These fees are discussed on a case by case basis. Once we explain our fee structure and you agree it is very simple to get started. The first step is to read and sign our agreement for you to work with us. Then as soon as we receive the invoices and any back-up material you have on the company or person that owes you money, we download them into our system and start working on them immediately. All Consumer accounts are handled with in the guidelines of the Fair Debt Collection Practices Act.
Consumer Third Party Revenue Recovery
Butler Robbins & White LLC is a NEW division of Financial Credit Clearinghouse-1956 Inc., concentrating completely on consumer debt. Trained in the FDCPA our consumer collectors work days , nights and weekends to find those consumers who are avoiding and evading you, and using the law to get away with not paying.
Legal Liason Services
If in the event an account is determined to be uncollectible and is over $ 4 000 we will have our legal services department review all matters that cannot be remedied through negotiation to determine the feasibility of legal action against your debtor. Utilizing that nation's top collection attorneys, our legal services department has attained a 92% effective ratio. Butler, Robbins & White will only recommend a claim for legal action when there is a better than average chance of success and we will handle it with the attorney from the first step until resolved one way or another. This is a very cost effective way to have an attorney handle these matters. In most cases an initial fee paid by you of approximately $600 t0 $800 dollars is required to get started. After that, the case is handled by an attorney on a 33% contingency basis. There are no hourly charges which add up very quickly!
Don't Let Your Dream be Destroyed by Business Debt!
Your business began with a dream you had. You and your people are working hard to make it come true. But you have more competition than ever, and the economic forces beyond your control--tax hikes, cost increases, and more--are growing. Even the best-run business can have a cash-flow crisis. When it does, paying your debts can be very challenging. We understand. That's why we're here. Since 1956 our business debt settlement services have helped thousands of firms reduce their payables by literally millions of dollars. We don't offer debt consolidation loans or bankruptcy services. Instead, we negotiate with your creditors to reduce your payables, saving you as much as 70%
Business Information Services
It is ALWAYS a good idea to know WHO you are doing business with before extending them credit. In today’s economic environment these services can save you so much in the long run! Our Business Information Services division offers Business Credit Reports (Domestic and International) through Experian Credit Reporting Services to help determine a company's actual payment and financial experience. Our reports give information on a company's Factual Risk Indicator, Performance Trend, and Description of the Business, Payment History, Historical Payment Guide, Public Record Information and UCC Profiles.
This Division also offers investigative services such as:
Corporation Reports
Provides Secretary of State Information on a company, as well as officers, directors and registered agents.
Financial Search (Individual As Well As Corporation)
Provides banking information statewide for individual/corporation with individual and/or joint accounts.
