Business and Finance

About Financial Asset Management Systems Inc

Financial Asset Management Systems Inc is a collection agency that offers its services to businesses, medical practitioners and other different entities. The firm ensures the clients’ account receivables are collected and balanced in due time. In addition, it helps its clients collect demand letters, make phone calls to their debtors and present credit reports to the credit bureaus. The company also attends legal proceedings on behalf of its clients.

Usually, the company’s receivable management services incorporate first and third party collections skip tracing programs, default reduction activities, the AWG/ pre-subrogation programs, custom and letter programs, among others. The company generally offers financial services, serves government institutions, healthcare, the media and telecommunications markets. Founded in 1993, Financial Asset Management Systems Inc. has its offices in St. Louis, Missouri, Portland, Tucker, Georgia and Oregon.

Any business that plans on hiring the Financial Asset Management Systems Inc. to assist in debt collection should first contact the local Better Business Bureau and get details of the services offered by the company. The client firm seeking the services should also check and verify that the firm abides by the rules and regulations of the Fair Debt Collection Practices Act (FDCPA), which is the most important law that controls and governs the conduct of collection agencies. Firms that abide by the act will ensure they offer genuine services and avoid damaging the reputation of their clients.

The client should also ensure that the firm picked has no outstanding legal disputes with the state’s attorney general. For example, the AG might take actions against firms that have not abided by the agency collection regulations or have violated the privacy regulations. Some basic policies and rules that Financial Asset Management Systems Inc must observe include Georgia Collection Agency Bond & Licensing Rules, Georgia Statute Of Limitations, Georgia Interest Rates (to avoid usury), Georgia Wage Garnishment Exemptions and Georgia Bad Check Laws (NSF).

Financial Asset Management Systems Inc generally works to create long term performance relationships with its clients. The relationship that the firm aims to have is purely professional and supported by pillars of integrity and mutual respect towards each party involved. The firm also aims to offer superior services to its clients through hiring a professional team that has the required knowledge and skills on how to deal with different issues raised by clients each day. The company is well equipped to handle third party financial activities as required by its clients.

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