Frequently Asked Questions
Is there a contract to sign?
Yes. There is a simple agreement we have prepared in order to protect your interest as well as ours.
Where does Alpha Omega Debt Recovery LLC provide services?
Alpha Omega Debt Recovery collects accounts receivables everywhere in the United States and the District of Columbia. We also use a network of collection law firms. We are able to assist any of our clients in their collections regardless of where the debtor is located.
How long has Alpha Omega Debt Recovery LLC been in business?
We started our business in June 2001.
How old of a debt can you collect on?
We can pursue outstanding debts as long as they are within the Statute of Limitation. If you are not sure contact us and we can let you know.
What debts can be placed for collections?
We will accept all files for collections, which are less than three years old. There is a minimum of fifty dollars on all files placed for collection.
When is a good time to employ a Collection Agency?
We believe that when indebtedness reaches 45 days delinquent. When an inquiry discloses serious financial conditions or when someone demonstrates bad faith and loses credibility.
Are you able to find people?
Yes. We can find most individuals. We are equipped with the latest in skip trace software. As well as, we subscribe to several members only databases. It is helpful to have a social security number for the debtor.
Is Alpha Omega Debt Recovery LLC able to locate debtor assets?
We specialize in locating hidden assets such as bank accounts, stocks, bonds, mutual funds and other securities. The Gramm Leach Bliley act requires that all financial investigations such as bank account searches have a permissive purpose. Our searches are performed legally, therefore our company requires the requesting party to have a valid need for this type of information.
Does Alpha Omega Debt Recovery LLC put a mark on an any of the (Equifax, Trans Union and Dunn & Bradstreet) credit report for non payment?
Yes. If we do not receive payment or arrangements for payment within ninety days of receipt of our original letter, we submit all delinquent files to one of the credit bureaus. Provided we have your written authorization to do so on.
Does Alpha Omega Debt Recovery LLC collect court ordered money judgments?
We utilize the latest in technology to track down the debtor and locate assets. Once we have located these assets, one of our nationwide bonded collection law firms will take the necessary steps to attach the debtor's bank acounts, seize their assets, or lien their property on your judgment.
Are there any requirements of the client?
The only requirement is that you report all debtor/s payments to us. It is illegal to continue collections efforts and report a debtor to the credit bureaus when they have paid their account. All communication with a debtor/s from the client must cease once an account has been referred to us for collection.
Do you belong to any industry associations?
Yes. We belong to American Collector Association, The Debt Buyers' Association, International Association of Commercial Collectors, National Association of Retail Collectors, and the Recovery Management Network.