It can be very risky for banks and other financial institutions to sell or outsource their outstanding receivables to third-party collection agencies due to the increased exposure created by a subsequent resale of a portfolio or a lack in the controls necessary to maintain sensitive information.
Palmer, Reifler & Associates retains control of its clients’ records for as long as required without the intention of ever selling them to a third party. As a law firm, we take pride in the processes that we have in place to maintain our clients’ privacy and the confidentiality of their data.
Whereas many collection agencies are often limited in the areas that they are licensed to recover on your behalf, our Of Counsel Attorney footprint allows us to pursue fees and other financial receivables in most US states, as well as Puerto Rico and other US territories.
An attorney’s primary responsibility is to zealously protect its clients’ best interests. When it comes to your business and its reputation, it is important to make sure that your provider is representing your best interests and not their own.