At the beginning of the recovery process, qualified
debtors are notified in writing of a potential credit bureau
They are given an opportunity to resolve the debt within
a specified time period to avoid the derogatory entry on
their credit profile. This can be an effective motivator
to obtain payment.
If the balance due is not satisfied within that time
period, eligible accounts* will be reported to all three
major credit bureaus:
- Trans Union
* We are unable to report torts unless they are converted
to debts by way of installment agreement or judgment.