- Skip Tracing
Maximum effort is employed by the agency in "skip tracing." State of the art techniques are utilized. MCB pocesses the capability to
access all
three of the national repositoriesof consumer credit information, as well as other databases. In addition, full cross reference
directories, city directories information, etc. are utilized. The use of social security number searches, address update searches, to include
the national change of address data from the US Postal Service is maximized. These capabilities are accessible eletronically, and some are
in book form. Additionally, ALL "skips" are reported to EXPERIAN Credit Data Division, consumer credit reporting system, which automatically notifies
this agency regarding new address or employment information, based upon any credit probe in behalf of the debtor.
- Automation
MCB operates in a fully automated environment. Our system generates all reporting, accounting, monitoring, and collection attempt endeveavors,
and provides continuing monitoring information for management.
- Reports
Progress reports are automatically sent to our clients, either monthly or quarterly.
- Litigation
Litigation capabilities is part of the overall services available to clients. An account is considered for litigation at a point when
all other attempts
to collect the debt have proven unsuccessful. The client is contacted for permission to enter suit. The account, being
assigned to our agency, suit
is entered in our name.
- Remittance
Our remittances are made regularly each month, or as requested, and we have never missed a remittance since 1949 at our inception. Funds are
deposited in a trust account for your protection.
- Fees
Our collection fees are contingency based. Unless we collect, there is no charge for our services. Accounts placed with MCB for collections
are reported to all three major bureaus: Experian, Equifax, and TransUnion.
- Electronic Data Transmission
Accounts can be submitted directly to MCB by e-mail, Excel spreadsheet, or Adobe
