What is Recovery Plus?
IC System’s Recovery Plus is a two-phase debt recovery program that effectively involves a third-party to collect past-due consumer accounts. Our flat fee collection potential and our consumer-friendly approach make Recovery Plus an effective, economic solution, all while helping to preserve your customer relationships. As always, you can monitor progress and check your inventory on our comprehensive Online Tools.
In Phase I, for a small flat fee (NO Commissions) consumers receive a series of up to five diplomatically-worded collection letters. All receivables are sent directly to you, and you keep 100% of the money recovered.
The letters mail at strategic intervals within Phase I. This “softer” collection approach ensures you maintain your business relationship. Then, unpaid and qualifying (based on amount) accounts roll into Phase II.
In Phase II, for a competitive contingency fee, accounts receive intensive and comprehensive recovery efforts. This may include: more direct letters, skip tracing, professional phone contacts, and credit reporting to all four national bureaus.
Download our Recovery Plus Overview PDF