Business to Business Debt Collection Trends

From Second Quarter 2013 to Third Quarter 2013, the quantity of commercial debt collection accounts increased by roughly 14.5%, for members of the Commercial Collect Agency Association of the Commercial Law League of America.   Samplings from the CCAA are likely to be a good bell weather for the collection industry in general.

The dollar value of the commercial debt placed for collection, however, even with the increase in the number of accounts, decreased by .7%.   Taking the increase in quantity, and decrease in value,  CCAA members report that a typical account revenue to the firm decreased by around 14%.

A great synopsis of the CCAA survey can be found on the Inside ARM Website.

http://www.insidearm.com/daily/commercial-b2b-receivables/commercial-debt-collection/commercial-debt-collection-placements-increase-in-q3-but-still-down-significantly-in-2013/

Marcadis Singer PA, debt collection attorneys in Florida, are proud to be a part of the Commercial Collection Agency Association.  This affiliation is a voluntary one, and reflects how our values as a Legal Firm focussed on debt collection are in synch with the values of the CCAA.

The Commercial Collection Agency Association (CCAA) is an association of commercial collection agencies that have been CERTIFIED by the Commercial Law League of America. They represent the leaders in the commercial collection or business to business collection industry, handling about sixty-five percent of the commercial accounts placed for collection. The Commercial Law League of America is the nation’s oldest creditors’ rights organization, founded in 1895.

Thanks to all the members that contributed to this survey.