Inexpensive collection letters
For $6.85 NorthStar Technologies will send out three collection letters over a period of approximately 45 days. If your debtor pays the outstanding account, NorthStar will return what it collects except the cost for the letters. If you wish to pre-pay for the letters, the cost is reduced to just $5.85.
FREE contingency collection
NorthStar's second collection option is a no-fees contingency-split. If this is your choice, NorthStar will work to collect the full amount of your submitted debt and then return 65% of the entire collected amount on accounts 120 days old or less. Debts older than 120 days are treated as a 50/50 split of all that is collected. Sizeable accounts may qualify for an even better percentage of collected funds. Feel free to contact me (Brad Price) using the information below if you have any questions.
Sign up for receivables collection
Print the PDF receivables agreement through www.bumchecks.com/otherdebts and then fax it to directly to NorthStar using the number at the top of the agreement. The areas that need filled out are highlighted in red. You may select "phase 1 (just the collection letter series), phase 2 (the non-fees contingency split), or phase 1 & 2. Phase and 1 and 2 means NorthStar would start with collection letters. If these do not succeed in collecting the debt, NorthStar will launch its most aggressive tactics automatically.
After NorthStar receives the AR agreement you will receive a password and log-in information. This will allow you to upload AR accounts directly to NorthStar via their secure site. If you have more than 50 AR accounts each month, NorthStar can interface with your business so the files are transferred even faster. To discuss interfacing options or general receivables collection with me (Brad Price), please contact me at (574-875-9994) or use e-mail (bumchecks@bumcheck.com).
Thank you for visiting my web site, www.bumchecks.com.
Sincerely,
Brad Price
Senior account representative, NorthStar Technologies