JMS Associates, Inc.

Description

At JMS, our skip tracing department is devoted to closely working with our collection staff in locating assets as well as debtors that make every effort to hide and avoid paying their creditors. Our legal department does extensive research on every aspect of the debtor's financial status. Many agencies will advise legal action without ever establishing the fact that they may not have the means of paying their bill. Why spend good money after bad? In many situations, the issue is completely dead. In that case we would inform you of this so that your file can be closed.

The JMS team of specialists has over 50 years of combined experience within this very unique industry. Our collection staff has handled every possible situation from major international corporate debt, deficiency balances for nationwide banking institutions, and of course, honest to goodness family owned and operated American businesses. JMS has also developed a Latin American division that specializes in international & domestic recovery for this ever growing Latin American trade.

Your customer indicates that they do not adhere to your terms of sale. For example, they may indicate that they pay bills in sixty or ninety days and not according to the agreed upon terms of sale. If you did not have an agreement with the customer before shipment for extended terms, this is just a delaying tactic. Explain to your customer your terms of sale and request immediate payment. If they refuse or fail to send a check as promised, place the account with a licensed and bonded collection agency.

When your customer turns into a debtor, we have a solution. That's what JMS Associates is all about. We are a licensed & bonded international commercial collection service.

Your customer indicates an inability to pay and refuses to provide a specific date for payment or to initiate a realistic payment schedule. This is a sure indication of a serious cash flow problem and immediate steps should be taken to protect your interest.

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