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Commercial Collections:
Southern is a member of the International Association of Commercial Collectors (IACC) and uses that membership for collector training and certification to provide our business-to-business clients a premium partner for their A/R. Our certified Commercial Collectors and legal staff are always aware of the possibility a commercial debtor could become a customer for our clients again, and we take the approach to collect the debt as well as leave a positive impression should the opportunity arise in the future. B2B industries for Southern are media and advertising (print, radio, TV), wholesale and supply, contractor and sub-contractor services, production, and goods sold.
Commercial collectors need to be very aggressive in asset location, payment procurement, document production, and litigation process. Our collectors also review accounts for possible fraud transfers and corporate co-mingling of assets in case there are other potential remedies should the corporate entity become dissolved. Judgment execution becomes a critical component of commercial collections as a business closes its doors or sells and collectors with the experience and training can mean the difference between being paid and getting nothing. If our clients have a contract calling for collection costs, the fee for debt collections can be $0!
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