DSI can immediately identify up to 20% of your consumers that have been wrongly dispositioned as Cease & Desist accounts.
That’s the ratio we’ve discovered after an initial scrub of clients’ dormant portfolios because accounts are frequently miss-assigned due to collector error or the inaccurate processing of attorney letters.
As collection activity is typically suspended after receiving C&D notices, your dormant portfolios likely contain a significant percentage of consumers who are actually enrolled in debt resolution programs, representing literally millions of dollars in potential settlements.
This potential is increased given that inactive portfolios likely include other statuses such as bankruptcy, future bankruptcy, disputes and attorney representation. In the past, it’s been costly to investigate dormant accounts or do so in a way that avoids compliance infractions and litigation exposure.
Today, DSI can safely and economically perform this function for you. By scrubbing dormant portfolios against our database of “willing to pay” consumers, you’ll know in moments which of your debtors are already under contract to resolve their financial obligations.
The minimal investment required to scrub your portfolios against DSI’s database can turn a significant portion of your dormant accounts into a previously untapped source of settlements and commissions.
Let DSI quickly, safely and cost effectively find these new settlement opportunities for you.