Delinquent Debt Recovery

The larger the business, the greater the incidence of unpaid receivables - it's just a fact of life. After a frustratingly long while without payment, many businesses "write off" the debt and take the loss. Over time, unpaid invoices add up and have significant impact on your profits.

Star Financial Resources Delinquent Debt Traditional collection services are expensive and may, in the end, collect only about 10 percent of the total balance owed.

Selling the delinquent debt to a third party may be a more profitable option. The entire portfolio, including debts that are several years old, is sold for a negotiated amount. Even invoices that have gone through traditional collection methods may be eligible for sale. You get peace of mind knowing that at least you have received a portion of the revenues generated from your product or service.