government debt recovery program are you paying too much to recover your own money?

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Government Debt Recovery Program Are You Paying Too Much to Recover Your Own Money?

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Page 1: Government Debt Recovery Program Are You Paying Too Much to Recover Your Own Money?

Government Debt Recovery Program

Are You Paying Too Much to Recover Your Own Money?

Page 2: Government Debt Recovery Program Are You Paying Too Much to Recover Your Own Money?

One Hefty Price TagAfter unsuccessful attempts to collect debts in-house, most

local governments hire a Private Collection Agency (PCA).

Most PCA’s charge for their services on a contingency fee basis and keep 15% -25% (or more) of what they collect.

Collection rates for some contingency fee based companies traditionally are very low.

There is a better way!

Page 3: Government Debt Recovery Program Are You Paying Too Much to Recover Your Own Money?

Fixed Fee Philosophy:Frugal, Friendly and FastA small up front fee is paid for each debt that is to be

recovered (typically $10.00 - $12.00 – or less).Letters are sent and calls are made to those with

outstanding debts (letters can be customized).

Courteous outreach is made by trained professionals.

Payments are made directly to your local government. A 400% Return on Investment (ROI) Guarantee is

made on qualifying debts.

Page 4: Government Debt Recovery Program Are You Paying Too Much to Recover Your Own Money?

Proof is in the PuddingTraditional Model Fixed Fee Model

$400 Past Due Utility Bill20% fee

Collector’s Fee $ 80.00Local Govt. Portion $320.00

$400 Past Due Utility Bill$12.00 Fee

Collector’s Fee $ 12.00Local Govt. Portion

$388.00

Page 5: Government Debt Recovery Program Are You Paying Too Much to Recover Your Own Money?

Proof is in the Pudding (cont.)

Fixed Fee Amount Recovered

Contingency Amount Recovered

Additional Revenue Recovered

$388

$320

$ 68 ( 17% more)

Page 6: Government Debt Recovery Program Are You Paying Too Much to Recover Your Own Money?

Why use this New Recovery Program?

Higher collection rates

Low cost fixed fee method (as low a $10.00 per claim)

Payments are made directly to your local government

Ability to customize letters

High level of customer service

Publicly bid contract – no need to issue an RFP

400% ROI Guarantee

Page 7: Government Debt Recovery Program Are You Paying Too Much to Recover Your Own Money?

Go to:

www.governmentdebtrecovery.com

Contact :

Harve Platig,

NCSPlus, Inc.(321) 332-7578

[email protected]

For more information: