Frequently Asked Questions
How long does it take to collect a debt?
Once you have submitted your claim to Concord Collection Services, Inc. with proper documentation, we begin the process of collecting the bad debt. After an evaluation of the account, which includes the profile of the debtor and the size of the debt, we make a determination as to the best way to proceed to expedite payment on the account.
What is the fee to collect a debt?
We collect on a contingency fee basis, and have no upfront fees or sign up charges for our services. We only charge a fee if we are successful in collecting money for you. If we do not collect your account/s, NO fee will be charged.
Concord Collection Services, Inc. takes into account the age, balance, and volume of accounts placed for collections as well as the specialized needs of our clients. Refer to our Rate Program link for detailed information on rates.
Is there a risk associated with submitting a claim to you?
There is absolutely no risk in submitting a claim. There is no initial outlay of money. We only collect a fee when an outstanding debt is collected. The sooner you choose Concord Collection Services, Inc. to collect your debts, the faster you can turn your liabilities into assets.
Do you require a certain number of accounts to be placed?
We have no requirements as to the number of accounts placed with our company.
Do I need to sign a contract?
Concord Collection Services, Inc. does not require a contract to be signed when submitting a claim for collection.
By hitting "Place Claim" on the Place a Claim link, you acknowledge that you have read and agreed to our Service Agreement for Collection. If you wish to have a formal contract, CCS, Inc. will provide one for all parties to approve.
Why would I employ a collection agency instead of a lawyer to collect my debts?
Concord Collection Services, Inc. has the experience and expertise to collect your debt. An attorney may not have the time or personnel to devote to aggressively pursuing the debtor to collect your money.
What if the debtor just won't pay the debt?
An analysis of the claim submitted would be made and an asset search would be considered. If there is evidence of sufficient assets that could be drawn on, then litigation would be a viable option.
How can we place accounts for collection?
There are various ways to submit a claim for collection; including submitting a claim on line through our Place a Claim link. Please use your preferred choice.
| Concord Collection Services, Inc. |
| PO Box 2055 |
| Boothwyn, PA 19061 |
| Phone: 610.558.3851 |
| Fax: 610.558.4149 |
| Email: ConcordCollects@verizon.net |
