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How long have you been in business and who do you collect for?

Your Collection Solution has been in business since 1998. Your Collection Solution, LLC specializes in NY, NJ and PA debt collection. As an outsourced resource, our collection agency serves as a low cost collection department for any size business and creditor.
 
How long should I wait before turning my accounts over for collection?

If an account is 90 to 120 days delinquent, you should initiate placement with our agency as soon as possible. The faster you respond, the greater the chances of collection.
 
Are there any other expenses I may incur during the collection process?

If a claim needs to be litigated in small claims court or with the help of an attorney, or if a judgment needs to be enforced, you are required to pay costs and fees associated. Please note that you will be contacted first to discuss ANY additional expenses. It remains your choice to proceed with litigation. These costs and fees may include, but are not limited to Court filing fees, Service of Process fees, post-judgment execution fees, attorney fees or costs and certified mail. For more information, contact us and speak to a collection specialist.
 
What important information must I know when my accounts are placed for collection?

Once you've placed the claim with our agency, you are required to stop any and all in-house collection activity, mailings and verbal communication with the debtor. If the debtor contacts you, simply state that our agency is handling the matter and refer them to our office. Should you receive payment, you are bound by the Client Agreement contract to report the payment to our office. We will invoice you for our fee.
 
What documentation is needed to place a collection claim?

Provide copies of invoices, contracts, statements, bounced checks, judgments, letters or emails. Include any other documentation showing proof of the debt and attempts to communicate with the debtor. We also suggest that you prepare a history of any collection attempts made and include responses received, if any.
 
    Latest News
 
Apple files patent infringement suit against Taiwanese mobile handset maker

Claiming that HTC Corp. infringed 20 patents related to the Apple iPhone user interface, underlying architecture and hardware, the Cupertino, CA-based computer and mobile phone maker filed a lawsuit against the Taiwan-based mobile handset producer with the US ITC and US District Court in Delaware.

Tue, 02 Mar 2010 00:00:00 PDT

 
Semi ecosystem collaboration more critical than ever

With the industry still recovering from the recession, design tool and methodology innovation is continuing to shift to tight collaboration between semiconductor companies, EDA vendors, and foundries.

Tue, 02 Mar 2010 00:00:00 PDT

 
SIA: January sales rise only slightly from December

"If the current trends continue, there is upside potential for 2010 growth above our November forecast of $242.1 billion, but a growing global economy driven by consumer purchasing will be key to sustaining these trends," says SIA President George Scalise.

Mon, 01 Mar 2010 00:00:00 PDT

 
Semi equipment spending to grow 76% over 2009, Gartner says

Spending by the memory and foundry markets, along with the advancement to new technology nodes will drive the semiconductor equipment segment in the first half of this year with quarterly growth slowing slightly in the second half before capacity additions start ramping up the equipment industry again going into 2011, the market research company said.

Mon, 08 Mar 2010 00:00:00 PDT

 
IC Insights ups ww IC market forecast to 27%

With a DRAM market expected to increase 74% this year, market researchers at IC Insights now believe that the worldwide IC market will jump 27% in 2010 to $253 billion – exceeding the previous high of $234 billion reached in 2007 – and an additional 15% in 2011 to $290 billion. The market research company said too that if the January DRAM market stayed flat for the next 11 months, the 2010/2009 DRAM market would still register 61% growth.

Tue, 09 Mar 2010 00:00:00 PDT

 
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