Post Charge Off Recovery

As an executive, you realize that there is risk when lending money. When someone takes out a loan, they do plan to repay the debt in a timely manner. However, that is not always the case. The good news is that a considerable amount of the money an institution charges off is recoverable. Most institutions don’t have the time or the human resources on-hand in order to pursue these potentially collectible funds. We have the resources, experience and proficiency to maximize the recovery of the monies owed to your institution.

Benefits of Our Recovery Offering

  • We specialize in Charge Off Recovery
  • Our professional agents collect with respect
  • There are no upfront costs to your institution until funds are actually recovered
  • Coastal provides regular communication & updates to our clients on all accounts
  • No additional work for client employees; COS staff update & maintain the collection files
  • Fully trained & monitored agents dedicated to working only charge off recoveries
  • Your institution maintains complete control of accounts at all times

 

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