There is a reported $55 billion in the hands of North American
Collection Agencies and of this figure, only 15% is collected; translating
to the loss of over $46 billion to the bottom line.
CANCILLA & ASSOCIATES, in response to
the necessity to control Bad-Debt, has made great strides in
rectifying the deficiencies of the traditional collection process.
We have highly recognized diverse industry clients with reported
recovery rates above 90%. Over 50% of our recoveries transpire within
20 days of placement.
With a 62% higher recovery rate on accounts 120 days old, Law
Firms are clearly the alternative to any Collection Agency.
From the initial Demand Letter to the final Litigation
Process, offered at rates competitive with the collection industry,
we provide the most effective Debt Recovery Services available.
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