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CBF Collections Services

CBF is fully licensed and bonded and has provided Collection Services
nationwide since 1931 - specializing in medical, retail and deregulated utility
collections. Our goal is to serve as an extension of your business/practice
by upholding your professional image and committing to the success of your
business (i.e., minimizing your bad debt).
     

Customized Collection Programs Credit Reporting
Nationwide Coverage & Skip Tracing Competitive Fees
At A Glance Management Reports Account Referral
Proven & Effective Collection Efforts Litigation
Full Electronic Capabilities

 

  • Customized Collection Program
    CBF customizes a Collection Service to meet your specific needs so we are
    more effective in collecting your accounts. Our services are as detailed or
    simple as your situation requires and covers all aspects of the collection process -
    from referrals to real time access to your account. (top)

  • Proven & Effective Collection Efforts
    CBF has provided collection services to numerous clients nationwide since 1931. 
    During this time we have consistently achieved a higher recovery rate for our
    clients than the industry average.  CBF aggressively pursues collection of all
    accounts regardless of balance, location or size of client.  (top)

  • Credit Reporting
    Accounts placed with CBF for collection are automatically reported on the
    debtors national credit file after 30 days if the account is not satisfied.  This affects
    the consumer when they attempt to make a major purchase or obtain additional
    credit regardless of where they go.  CBF currently reports to Trans Union and
    Equifax and plans to report to Experian.  (top)

  • Nationwide Coverage & Skip Tracing
    CBF will collect and skip trace your delinquent accounts nationwide.  Every debtor
    referred to CBF is run through a National Change of Address (NCOA) Database
    which provides daily access to the United States Postal Database (USPD)
    and the Donnelly Marketing Database compiled from the Electronic White Pages,
    Auto Registrrations, and 280 Ancillary Sources.  Any matches automatically update
    the debtors demographic information.  CBF also utilizes real time access to the debtors
    credit files to not only locate the debtor, but also determine their ability to pay.  (top)

  • Full Electronic Capabilities & State of the Art Technology
    CBF operates using CR Software's state-of-the-art Platinum Collection Resource System (CRS)
    This software allows us to maximize the management and monitoring of your delinquent
    accounts.  CRS also allows us to provide you with the most  efficient and up-to-date
    electronic services including, but not limited to:
  • Electronic Account Referral
    For your convenience, CBF can accept the referral of your accounts electronically

    via the media of your choice (i.e., CD, diskette, cartridge tape, modem transfer,
    FTP, web transactions or E-Mail).  We can also work with the record layouts produced
    by your system.  This means less time and effort on your end.
  • Electronic Funds Transfer (EFT)
    CBF can transmit monies collected on your accounts directly to your bank account. 

    We are able to schedule timely deposits to your account which helps to increase your cash flow.
  • On Line Access
    CBF can provide your office with the ability to directly access your accounts by

    dialing into our servers.  CRS is an easy-to-use menu driven system with clearly
    displayed options.  This access enables you to obtain real time status
    and updates of specific accounts when you need it.  (top)
  • Competitive Fees
    Our standard rates are based on the age of your account (from the 1st delinquency date)
    and there is No Fee Unless We Collect.  Please contact our office to request a rate quote
    and/or a service agreement or click here to complete an online information request.  (top)

  • At A Glance Management
    CBF can provide reporting on a regular basis as required.  Our system contains over 200
    standard reports, and the CRS report generator allows us to provide customized reports to
    meet your specific needs.  These reports will enable you to see "At A Glance" a wide variety
    of financial and managerial analysis information.  Some of our standard reports include,
    but are not limited to:                  
  • Turnover Analysis
  • Account Status Report
  • Account Age Report
  • Collection Summary
  • Inventory Report
  • Monthly Spindown Report
  • History Analysis
  • Client Data Integrity Analysis (top)
  • Litigation On Your Behalf - possibly with no up front court cost or fees
    CBF can pursue litigation nationwide on your behalf possibly without charging you up
    front court costs. Litigation is always a last resort, but sometimes needed.  CBF will advise
    you when we believe litigation is necessary and you always have the last say.  (top)

     

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    Nationwide Debt Collection Services Since 1931

Customer service – Technology – Price – Proven Results . . . CBF . . . It doesn’t get any better than this!