The Final Frontier: Strategies for Effective Late-Stage & Post-Charge-Off Debt Recovery
In the lifecycle of debt recovery, late-stage and post-charge-off accounts are often considered uncollectible—the “final frontier” of collections. By this stage, accounts are typically 120+ days delinquent or have been officially written off as bad debt. Internal teams, already stretched by early- and mid-stage efforts, often cease pursuit due to diminishing returns and escalating compliance […]
