is this LEGAL
Date: Thu, 08/05/2010 - 07:49
Services
Clear Sailing
A one time purchase of older charged off receivables can produce a substantial initial cash infusion to your organization.
Forward Flow Programs Keep The Cash Moving Your Way
Selling debt on an ongoing basis is called a forward flow program. This valuable service brings more predictability to your cash flow and will be most effective in the long run. A forward flow sales program assures that MedCLR will be purchasing accounts from you on a regular basis, at intervals that work best for you.
Accounts placed to the collection agency that are not collectible within the set timeframe are forwarded to MedCLR. A forward-flow process clearly defines income for non-performing receivables, positively impacting long-term cash flow.
Clear Sailing
A one time purchase of older charged off receivables can produce a substantial initial cash infusion to your organization.
Forward Flow Programs Keep The Cash Moving Your Way
Selling debt on an ongoing basis is called a forward flow program. This valuable service brings more predictability to your cash flow and will be most effective in the long run. A forward flow sales program assures that MedCLR will be purchasing accounts from you on a regular basis, at intervals that work best for you.
Accounts placed to the collection agency that are not collectible within the set timeframe are forwarded to MedCLR. A forward-flow process clearly defines income for non-performing receivables, positively impacting long-term cash flow.
Yes, it's legal. This happens all the time in the normal course
Yes, it's legal. This happens all the time in the normal course of business.
The real question is, is it ethical? And the answer is NO!