What sets Pacific Rim Commercial Collections (PRC) apart from other collection agencies?

Unique to PRC, our collectors are trained by attorneys and we have attorneys available to assist whenever needed.

 

Does PRC represent commercial building landlords and apartment building landlords in collecting delinquent rent?

Absolutely. Representing landlords in collecting unpaid rent and other damage claims has been a significant part of our commercial collection business for over 30 years.

 

What if I am worried about losing a customer if I assign their debt to PRC?

We understand how difficult it can be to obtain clients and the importance of maintaining business relationships. Our collection process is tailored to assist a delinquent customer to pay their debt while still keeping in mind the debtor's value to our clients. For every customer that you never want to do business with again, there may be another customer that for some reason simply got behind and may just need some creative financial advice from our staff to get back on track.

 

What if the debtor lives in another state, can you still collect debt?

We have the ability to collect against any debtor in any city or state as long you or the debtor does business in California.

 

Does Pacific Rim Commercial Collections handle foreign collection accounts?

If the debtor is located in California or the contract that created the debt was entered into in California, PAC can help you collect the money owned. Whether it is an account receivable or court Judgment, call PRC for assistance.

 

Does your firm represent business clients where a debt is secured by a personal guarantee?

Absolutely.

 

Why should I use a commercial collection company like Pacific Rim Commercial Collections instead of going straight to an attorney?

Often when an attorney contacts a debtor, or attempts to contact a debtor, the debtor contacts their own attorney which often results in the debtor spending money that could otherwise be paid against the amount owed. If a debtor turns a collection matter over to their attorney, the collection process is often delayed and made more difficult. Our firm urges the debtor to use the money that would be spent defending a legitimate claim for the first payment on a payment plan that we offer the debtor.

 

Do you encourage debtors to enter into payment plans to settle debts?

Yes. If the debt is large and there is no other realistic alternative, a payment plan that includes interest on the outstanding balance, a late charge provision, and other customary terms should be considered.

 

What are the chances that debt will be collected by your firm?

Every creditor asks this question which is impossible to answer without our knowing of the following:

1. Is the debtor still in business?

2. Is the debtor generating a positive cash flow?

3. Does the debtor have unencumbered assets that can be converted to cash?

4. Is the debtor involved in collection or other litigation?

5. Are there any unsatisfied judgments against the debtor?

6. Are there any defenses to the claim?

 

Do you collect delinquent homeowner association assessments?

Our affiliate, Pacific Association Collections specializes in the collection of delinquent homeowner association collections throughout California: Pacific-AssociationCollections.com.

 

What are some of the ways PRC collects judgments?

See: Eleven Ways to Collect a Court Judgment.

 

Does Pacific Rim Commercial Collections buy court judgments?

No. We collect judgments for our business clients on a contingency basis, but like nearly all judgment recovery firms, we do not buy them. In our more than 30 years of experience, we have found that most judgment recovery firms, that represent they purchase judgments, are in reality, only fishing for leads they can work on a contingency basis.

 

Does your firm do business with Judgment Brokers?
Yes. We welcome the referral of judgment holders and pay customary referral fees to Judgment Brokers when we collect judgments. Call us if you would like to establish a relationship with Pacific Rim Commercial Collections.

 

Does your firm file mechanics liens for contractors in California?

We do not file mechanics liens, but we do recommend Contractor’s Mechanic’s Lien Services: PacificCoastLienServices.com.