Debt Collection Agency in Southlake – Debt Recovery Resources
Debt Recovery Resources is a premier debt recovery agency in the United States offering effective risk-free debt collection services, recognized as a Top 10 Debt Collection Agency in 2022 and a member of the CLLA, exclusively partnering with Debitura for No Cure No Pay solutions.
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Company description
About Debt Recovery Resources – Debt Collection in the United States
Debt Recovery Resources is a distinguished debt collection agency in Southlake, recognized for its comprehensive services and remarkable efficiency. Established in 2011, the agency provides unparalleled debt recovery solutions across the United States.
Proven Results
Since its inception, Debt Recovery Resources has consistently delivered impressive results, solidifying its position as a leader in the industry. The agency recovered an impressive $35 million in 2023 alone, thanks to its strategic approach and extensive experience. Debt Recovery Resources was honored as a Top 10 Debt Collection Agency and a Top Accounts Receivable Service Company in 2022, reflecting its commitment to excellence. A testament to its success is a recent case where a Florida account was fully recovered within three weeks, showcasing its efficiency and dedication.
Meet the Team
Debt Recovery Resources boasts a team of 32 highly dedicated professionals, centrally located in Fort Worth, Texas. The firm is led by notable figures, including Matthew Turner, Owner & COO, and Joseph C. Noland, Owner & President, each contributing their expertise to the agency's robust foundation. This leadership ensures that the agency continues to leverage over 45 years of combined industry experience to maximize recoveries. The firm is also a proud member of prestigious organizations such as the Commercial Law League of America and the American Staffing Association.
Services & Industries
As a premier debt collection agency, Debt Recovery Resources specializes in a comprehensive range of services including business-to-business collections, legal forwarding, and accounts receivable management. The agency is especially adept at pre-legal (amicable) debt collection in the United States, offering exclusive, risk-free No Cure No Pay solutions as a Debitura partner. Serving diverse industries, Debt Recovery Resources utilizes a debtor awareness program and real-time online placement access, ensuring that clients receive the most effective and transparent services possible.
For further context on local practices and regulations, see Debitura’s United States debt‑collection guide, which provides valuable insights into debt recovery strategies and compliance.
PRICING MODEL
As an exclusive partner, Debt Recovery Resources offers pre-legal debt collection through Debitura’s Standard Debt Collection Agreement and standard pricing.
Clients benefit from a “No Cure No Pay” pricing model, meaning there are no upfront costs for pre-legal recovery. Payment is only required if Debt Recovery Resources successfully collects the debt.
This arrangement ensures that if Debt Recovery Resources does not recover the debt, clients incur no charges.
What success fee applies?
The success fee is influenced by factors such as the debtor’s location, claim size, and claim age, with more recent and larger claims attracting lower fees.
For comprehensive pricing details, visit: https://www.debitura.com/pricing
Legal Action
In some instances, legal action may be required, such as when claims are disputed or pre-legal efforts are unsuccessful. The standard No Cure No Pay agreement does not cover legal escalation. If legal action is necessary, Debt Recovery Resources provides a custom quote through the Debitura platform, awaiting client approval.
Process
To submit a debt-recovery claim to Debt Recovery Resources, please first create a free profile on Debitura. Once registered, upload your claim through the Debitura portal, where the exact success fee will be clearly displayed prior to submission. During this process, you will digitally execute a Power of Attorney (PoA) via the Debitura platform, authorizing Debt Recovery Resources to carry out pre-legal debt collection activities on your behalf.
Debitura’s Standard Debt Collection Agreement
As an exclusive Debitura partner, Debt Recovery Resources operates under Debitura’s Standard Debt Collection Agreement. The Agreement also defines the Minimum Service-Level Requirements that must be met throughout the pre-legal stage.
Pre-Legal Debt-Collection Workflow
The exact collection strategy is tailored to each case, yet it generally follows these steps:
- Step 1 — Case approval (≤ 48 hours): Debt Recovery Resources reviews the submitted documentation and confirms acceptance of the claim.
- Step 2 — Skip-tracing: Debtor location and contact details are verified and updated in the system.
- Step 3 — Formal demand notice: A written demand for payment is issued to the debtor.
- Step 4 — Multi-channel collection campaign (3–6 months): A coordinated campaign involving letters, emails, phone calls, and SMS messages is carried out to secure full payment. If immediate settlement is not achievable, an installment agreement is negotiated and signed.
- Step 5 — Legal escalation (optional): If pre-legal efforts do not succeed within six months, Debt Recovery Resources may recommend initiating legal proceedings. Legal action falls outside the scope of the Standard Debt Collection Agreement. All associated costs will be clearly quoted in the Debitura portal and will require your explicit written approval before proceeding.
Debitura empowers businesses to effectively manage debt collection worldwide. Debitura is a tech‑powered debt‑collection platform that routes every claim to vetted local experts for immediate, country‑specific action. The platform covers 183 countries, including the United States, allowing businesses to leverage a no‑cure‑no‑pay benefit for debt recovery. Those looking to collect debt in the United States can rely on a streamlined, risk-free approach. In the United States debt‑collection guide, creditors learn about statutory interest rates and expected timelines for collections. Explore Debitura’s comprehensive North America debt‑collection network for strategic insights and practical assistance in recovering debts efficiently.
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Top-Rated Debt Collection Agency in United States
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