Why Work Old Charge off Files? – Procrastination vs Collection

FOR IMMEDIATE RELEASE

Wyoming, MN – June 25, 2014 – Credit Unions report that they often procrastinate working on old charge off files. One of the main reasons is the time it takes to access and review the file. Combine the effort previously expended with the dilemma over which files to choose for the greatest chance of recovery, and the ‘old file’ drawer remains closed, gathering dust.

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