Cypress Asset Recovery in San Francisco, California offers a wide array of services designed to meet your debt recovery needs. From pre-collection 1st party telephone contacts to demand letters to skip tracing to authorized legal action, we offer an end-to-end service to ensure the greatest potential for recovery of financial obligations due to you.
Collections
Our collection division is the heart of our services suite. Whether it is a consumer or commercial account, or whether it is based on property rental collection or a delinquent credit account, our success is achieved through the use of the same effective tools: persistence, diplomacy and an understanding of unique individual and business circumstances.
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Pre-Collection Services
Pre-collection is designed to collect accounts that are past-due but not ready to be placed for third-party collection. This service is a gentle reminder helping your customers realize the importance of payment, or initiating payment arrangements, while maintaining a relationship with your organization.
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Legal Forwarding
When traditional collection techniques don’t get the results you need, we can forward your claim to an attorney who specializes in collections and creditor’s rights litigation. Cypress Asset Recovery uses only accredited Creditor’s Rights attorneys, and all claims are bonded for at least $1 million.
Negative Share Accounts
Cypress Asset Recovery Service has developed the most successful solution available in the industry for Negative Share / Checking Accounts. We understand how collectors work and think, they want to recovery those large balance accounts and when they are given the choice of attempting to recovery a $5000.00 vs. a $500.00 account they will most always concentrate their efforts on that $5,000.00 account. To eliminate this, we have setup a division of small balance collectors who are exclusively dedicated to the recovery of our clients smaller balance accounts. But we did not stop there, we use the same resources including credit reports, skip tracing data base searches, highly experienced collectors and a comprehensive letter series that are used on our clients’ larger balance accounts. Our strategy and approach to the recovery of small balance accounts has been a win/win situation, on average our clients are seeing a liquidation rate in the first year of 21-24% and after 24 months a liquidation rate of 29-32%. It is a fantastic program with exceptional results!
Background Investigations / Pre-Employment Screening
Pre-employment screening can dramatically reduce the risk of poor hiring decisions. Cypress Asset Recovery offers a wide array of customized screening solutions to meet any need and can provide you with timely and accurate screening data to make better, safer and more cost effective hiring decisions.
Pre-Litigation
Designed to assist you in determining the financial situation of a debtor before initiating legal action, this investigation will help you to identify the assets of a debtor and much more.
Post-Judgment
Aimed specifically at locating the attachable assets of a debtor in order to satisfy an outstanding judgment, this investigation will help you identify assets that can be seized by garnishment or levy.
INDUSTRIES SERVED
Commercial Debt Collection
Consumer Debt Collection
Landlord Services – Tenant Collection
Medical Debt Collection
Bad Check Recovery
Employee Restitution
Negative Share Accounts
Court Ordered Restitution
Judgments