3rd Party · Licensed & Bonded Agency
Formal collections,
handled by our agency
When an account is past 120 days, has gone silent, or is refusing to pay, place it with Interval Recovery Services. Our licensed and bonded agency works it with AI and a dedicated specialist, on a contingency basis, so you only pay when we recover.
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What is 3rd party collections?
Place the account with us. We take it from there.
Third-party collections means the account moves from your team to ours. Interval Recovery Services, a licensed and bonded debt collection agency, takes over outreach and recovery as the collector of record. We combine AI-driven contact with a collection specialist in the loop, and you follow every step in the same Interval platform you already use.
Licensed and bonded agency
Interval Recovery Services is a fully licensed and bonded debt collection agency, so placed accounts are worked by a collector of record.
AI with a human in the loop
Placed accounts get AI-driven outreach across calls, texts, emails, and letters, with our collection team stepping in whenever judgment is needed.
Dedicated specialist
A dedicated debt collection specialist sets up your account, monitors every placement, and stays your point of contact.
Credit reporting
Available with the right documentation on file, and reported in line with state and federal law.
Full compliance
Every contact meets Regulation F, FDCPA, TCPA, state licensing and disclosure requirements, and more.
Contingency basis
No upfront fees. We earn a percentage of what we recover, so we only get paid when you do.
When to use it
For the accounts early recovery can’t reach
120+ days past due
Accounts that have aged past early recovery and need a formal collector of record.
Ghosting
Customers who have stopped answering calls, texts, and emails altogether.
Refusing to pay
Balances where the customer has said no and the next step needs to be formal.
FAQs
Questions about formal collections
You pay a percentage of what we recover and nothing upfront. The rate depends on the age, size, and volume of the accounts you place, so we quote it after looking at your portfolio rather than publishing one number.
We can, when the account documentation supports it and state and federal rules allow it. It is never automatic. Your specialist confirms which placements qualify before anything is reported.
Your specialist reviews the placement, sets the strategy, and outreach begins within a business day. You keep watching it in the same Interval platform, with every call, letter, payment, and dispute logged on the account.