L J Ross Associates to Offer Collection Services to Revenue Starved Administrations

JACKSON, Mich., Jan. 10, 2012 /PRNewswire/ -- L J Ross Associates announced today a bold initiative to help local governmental organizations and associations recover much needed revenues from delinquent accounts. L J Ross Associates' Student Loan Recovery Program (SLRP) will permit officials to place past due balances into the private collection process with the goal of increasing lost revenue without incurring additional costs.

"Our specialized Recovery Programs are designed to maximize the net return to local organizations and provide them with a steady stream of income from long abandoned revenue expectations," states Lisa Ross, Sales & Marketing Director at L J Ross Associates. She continues: "Private industry has figured out the fiscal benefits associated with professional collections – now we're looking to governmental organizations to help them raise revenue and bolster their budgets."

Accounts placed into collections are almost always from persons and companies that fall behind their scheduled payments. Most people actually want to pay off their debts; they just need an understanding agency that can work out a payment plan. The L J Ross Associates' professionals have developed unique programs that are designed to work with debtors to modify terms to suit each situation. Business clients appreciate L J Ross Associates' automated direct payment processes that help to reduce bad debt losses, increase cash flow, and decrease overhead. L J Ross Associates' skilled collection specialists are cross-trained in all areas of the collections business, allowing them to provide professional collection services in the healthcare, utility, government, and education industries.

About L J Ross Associates:

Since 1992, L J Ross Associates has specialized in accounts receivable management, continuously improving the methods for collecting clients' past due accounts. They hold membership in the Michigan Association of Collection Agencies and the American Collectors Association International. They are also certified by the Michigan Minority Business Development Council as minority owned and operated.  Visit www.ljross.com for more information.

Contact: Lisa Ross, Sales & Marketing Director at 517.544.9100

SOURCE L J Ross Associates