Debt Collection Agency in Union (NJ) – Oxygen XL
Oxygen XL is a premier debt recovery agency in the United States offering effective risk-free Debt Collection services, recognized as the go-to partner for debt recovery since 2011 with a nearly 80% recovery rate, ACA International membership, and exclusive Debitura partnership for No Cure No Pay collections.
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Company description
About Oxygen XL – Debt Collection in the United States
Oxygen XL stands as a leading debt collection agency in the United States, renowned for its efficiency and customer-centric approach since its inception in 2011. With headquarters in Union, New Jersey, Oxygen XL provides nationwide services, garnering a nearly 80% recovery rate through innovative methods and respectful engagement.
Proven Results
Oxygen XL's commitment to excellence is underscored by its impressive recovery rate of nearly 80% on placed accounts, a testament to their effective strategies and dedication to client satisfaction. The agency's professional approach has earned an excellent rating based on 176 Google reviews, highlighting its efficacy in recovering debts while maintaining positive client relationships. Membership with ACA International further enhances their credibility, ensuring adherence to industry standards and best practices.
Meet the Team
Founded in 2011, Oxygen XL operates with a team of 35 professionals committed to optimizing accounts receivable and enhancing cash flow for businesses. The firm is led by CEO Jonathan Abenson, who brings a strategic vision to the organization, complemented by Rick Paulin, the Vice President of Operations & Compliance, who ensures regulatory adherence. This cohesive leadership team supports Oxygen XL's mission to deliver exceptional debt recovery solutions across diverse industries.
Services & Industries
Oxygen XL excels in pre-legal (amicable) debt collection in the United States and offers specialized services such as first-party receivables outsourcing and contingency-based third-party collections. As an exclusive Debitura partner, they deliver risk-free (No Cure No Pay) pre-legal debt collection services, making them a go-to choice for businesses looking to recover debts without financial risk. They serve industries including parking management, property management, and payment processing, applying their trademark Oxygen Method to ensure efficient and respectful debt recovery.
Compliance and Coverage
Oxygen XL is committed to compliance, operating under the oversight of the Consumer Financial Protection Bureau, which enforces the Fair Debt Collection Practices Act through Regulation F. In New Jersey, the company adheres to regulations set by the Division of Revenue and Enterprise Services, while collections in Oregon comply with the Department of Consumer and Business Services. This robust regulatory framework underpins their trustworthy operations across the United States. For a deeper understanding of the regulatory environment and collection strategies, see Debitura’s United States debt‑collection guide, which provides further insights into local practices and guidelines.
PRICING MODEL
As an exclusive partner, Oxygen XL provides pre-legal debt collection services following Debitura's Standard Debt Collection Agreement and pricing model.
This agreement offers a "No Cure No Pay" pricing approach. Clients are charged no upfront fees for pre-legal recovery efforts. Payment is required only when Oxygen XL successfully recovers the debt.
If the debt is not recovered, clients incur no charges, embracing the “No Cure No Pay” principle.
Success Fee Details
The applicable success fee varies based on factors such as debtor location, size of the claim, and age of the claim. Generally, larger and newer claims result in lower fees.
For detailed pricing information, visit: Debitura Pricing
Legal Actions
When necessary, legal action is taken for disputed claims or unresolved pre-legal attempts. This legal process requires a separate arrangement, as it falls outside the standard "No Cure No Pay" agreement. Oxygen XL will provide a custom quotation for such actions via the Debitura platform, which clients can review and approve before proceeding.
Process
To submit a debt-recovery claim to Oxygen XL, please first create a free profile on Debitura. Once registered, upload your claim through the Debitura portal, where you will digitally execute a Power of Attorney (PoA) via the Debitura platform. This authorizes Oxygen XL to carry out pre-legal debt collection activities on your behalf.
Debitura’s Standard Debt Collection Agreement
As an exclusive Debitura partner, Oxygen XL operates under Debitura’s Standard Debt Collection Agreement. This agreement outlines the Minimum Service-Level Requirements that must be maintained throughout the pre-legal stage.
Pre-Legal Debt Collection Workflow
The collection strategy is tailored to each case but generally follows these steps:
- Step 1 — Case approval (≤ 48 hours): Oxygen XL 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.
- Step 5 — Legal escalation (optional): If pre-legal efforts do not succeed within six months, Oxygen XL 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.
Understanding debt collection processes is crucial for effective financial management. Debitura is a tech-powered debt-collection platform that routes every claim to vetted local experts for immediate, country-specific action. With reach across 183 countries, it offers a comprehensive solution for global debt challenges. For the United States, Debitura provides a no-cure-no-pay benefit, ensuring clients only pay upon successful recovery. Exploration of the debt collection agency United States guides creditors through critical aspects, including statutory interest rates and collection timelines. Discover more about debt processes and how to collect debt in the United States for strategic advantage. Connect with their North America debt-collection network for regional expertise and insights.
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Top-Rated Debt Collection Agency in United States
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