Collection Agency Recovers $350,000 for County in Two Years

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insideARM.com June 7, 2011 (Be the first to respond) http://www.insidearm.com/daily/govt-receivables/municipal-receivables/collection-agency-recovers-350000-for-county-in-two-years/

A collection agency recently hired by Adams County, Miss. to pursue court and sanitation fees and fines has brought in $350,000 in the past 18 months for the government.

The owner of Receivable Solutions Specialists, Inc. told the county’s Board of Directors that its pace of collection has increased in the first five months of 2011, according to the Natchez Democrat. But he wasn’t merely presenting results to the Board this week; the county leader had a specific request of the collection agency.

District 5 Supervisor S.E. “Spanky” Felter asked Bruce Brice, owner of Receivable Solutions, if his firm could help recover money still owed from their previous collection agency. It seems that the old collector got payments from some debtors but never forwarded the money to the county.

The previous company left town years ago.

Brice recommended consulting with a lawyer on the matter. So the board voted to authorize the county’s attorney to pursue a lawsuit against the company.

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