Ashoka Lion has retained the services of a professional debt collection agency, specializing in the property management industry. They will be collecting on outstanding balances that are remaining at the end of a tenant’s residency for both our Houston and Dallas clients. The company that we have decided to work with is RESOLVE Partners, LLC they are an attorney managed agency that is licensed nationwide, and have great success on recovering monies that are otherwise un-collectable when tenants vacate the property. At move-out of a tenant, the final account statement will be delivered to your tenant listing any outstanding balance, at this point they have the opportunity to submit payment directly to Ashoka Lion within 30 days to avoid their account being sent to an outside collection agency. Upon the expiration of the 30-day notice, Ashoka Lion will send the final account statement, signed lease agreement and resident’s application over to RESOLVE Partners, LLC for collection.
“We understand as property managers for our owner’s of rental property in Houston or Dallas) that they feel great anger for tenants who skip out on their obligation to pay the rent. We hope that we can provide an additional value added service by bringing on a debt collection team like Resolve to assist our clients find ways collect on these debts owed.” - Jay Raman, CEO/Managing Director of Ashoka Lion.
About Resolve’s Debt Collection Services:
RESOLVE is a full service debt collection agency, licensed to collect on unpaid rents nationwide.
Benefits Of Resolve’s Collection Services:
· Monthly reporting of outstanding balances to all 3 credit bureaus!
· No up-front cost! So you have nothing to lose and a lot to gain!
· Our rate for this service is only a 35% contingency fee, based on the amount of money we recover for you. We collect 1,000.00 = our fee is $350.00
· Ashoka lion will handle the paperwork to have the account submitted, no extra work for you.
· Resolve knows that the hardest part of collecting rental debt is locating the former tenant, so Resolve has invested in the best skip-tracing systems available to the industry. They are able to locate over 80% of debtors within 2 weeks, and 92% after 90 days!
· Monthly status reports are going to be provided to Ashoka Lion, with the status of all accounts in our possession.
· When an account reaches 120 days with no payments from the debtor, RESOLVE will review the account and will make a recommendation to Ashoka lion of the next steps that you might want to work on. (ex. Garnishments, liens, etc…)
About Ashoka Lion Property Management:
Ashoka Lion is a full service property management company providing property management services and eviction processing services in the Houston and Dallas area. For more information about Ashoka Lion and our choice to utilize Resolves Partners, LLC.
Contact
1832-364-6025 begin_of_the_skype_highlighting 1832-364-6025 end_of_the_skype_highlighting
