Why Millennium Collections
Collection Results and service that you demand.
Millennium provides its clients with unmatched results in the collection of their delinquent accounts coupled with immediate availability of status of their accounts and professional advice provided by our in house attorney and collection professionals. Over almost two decades, Millennium has formed a reputation in the Accounts Receivable Management industry for collecting the difficult accounts and keeping our clients informed of the state of their collections at a moment’s notice. Each client is given the personalized attention that they deserve, with our staff ready and able to give you the up to date status of your accounts in collection, and strategy for collecting accounts not yet in collection. Millennium has been certified by the two pre-eminent collection agency associations, the Commercial Collection Agency Association of the Commercial Law League of America and the International Association of Commercial Collectors.
Place accounts as soon as they become delinquent.
According to a survey by the Commercial Collection Agency Section of the Commercial Law League, the probability of collecting a delinquent account drops dramatically with the length of delinquency. The probability of collecting an account that is delinquent only three months drops to about 70%. After six months, almost 44% of delinquent accounts will never be collected. After one year, the probability of collecting a delinquent account is only about 30%. So do not wait! Place accounts as soon as they become delinquent.
Millennium can provide our clients with the option of bringing them to court and taking a judgment against them for the amounts due, plus interest, court costs, and attorney’s fees, where awardable by the court.
Through our interactive web portal, our clients have immediate access to their collection portfolios and all information regarding the status of the collections made and activity performed by Millennium.
Professional Commercial Debt Collections
When it comes to any business owing you money, and they have fallen delinquent, the faster you engage a debt collection professional, the sooner your Accounts Receivable will improve.