The Vendor is required to provide fine collection agencies, or teams consisting of both legal and collection professionals to assist the city in recovering unpaid judgments, fines, penalties, and related obligations owed to the city.
- Requirement:
• Review and evaluation of judgments referred by the city.
• Investigation of debtor assets, income sources, business interests, real property holdings, and other information relevant to collection efforts.
• Assessment of collectability and development of collection strategies.
• Demand letters, settlement communications, payment arrangements, and other pre-enforcement collection activities.
• Docketing, execution, and enforcement of judgments.
• Bank restraints, executions, income executions, property executions, and other lawful collection remedies.
• Recording and enforcement of judgment liens.
• Investigation of corporate entities, successor entities, alter ego relationships, and other matters affecting collectability.
• Bankruptcy monitoring and filing of claims where appropriate.
• Litigation ancillary to judgment enforcement when authorized by the city.
• Negotiation and administration of payment plans, subject to city approved parameters.
• Periodic reporting concerning collection activities and recoveries.
Set up free email alerts and get notified when new government bids, tenders and procurement opportunities match your industry and location. Choose daily or weekly delivery.