Enforce Collection on the Outstanding Debt

Even though this is a single step in BakerTrac, Baker Group utilizes dozens of ways and employs hundreds of tools to satisfy the collections of outstanding receivables. Some of the ways include financial audit-based contingency collections all the way up to managing the account through litigation and judgment enforcement. Some of reasons that we are so effective at achieving such a high rate of recovery are because we have licensed Private Investigators on staff as well as in-house attorneys and we coordinate with local counsel or co-counsel when and where necessary to bring a valid account to conclusion. In addition, all personnel in the collections and recovery departments have a minimum of a decade of experience and are industry specific, and trained in the industries they service. For contingency collections Baker doesn’t earn their contingency fee until the money is collected so there is a vested interest in collection of any account we are working on. Baker does not charge hourly fees for collection accounts so there is an urgency to achieve the desired result in the most efficient manner possible for both Baker as well as the client. Another benefit of the third step in BakerTrac is that even if Baker Group’s client did not do the first two steps of BakerTrac the third portion can be initiated and followed through to conclusion.