Metro Group Maritime’s expert industry veterans act as your in-house collection staff. More frequent and highest quality outbound calls/contacts ensure significantly reduced DSO, over 30 / over 60, increased daily cash, and more timely root cause analysis and dispute resolution.
1st and 3rd party collections seamlessly integrated together under one roof to produce greater efficiencies resulting in vastly increased cash flow and superior time value of money ratios. 4th Party Collections is the new paradigm in account receivable management.
We will scrutinize your existing bills of lading, service contract boiler plate and other agreements to strengthen vulnerable areas, and when necessary, draft new legal documents and agreements for your use. If the situation dictates, we have the capability of deploying Metro Group Maritime employees to assist and workshop with our clients' internal AR departments to implement new processes.
We can ﬁle proof of claims when a debtor ﬁles for bankruptcy protection and monitor bankruptcy cases. Metro Group Maritime has also developed expertise in defending our clients against preference actions. In the event of a reach-back situation, we have been able to successfully negotiate with bankruptcy trustees to reduce the amount our clients have had to reimburse debtors in the form of preference payments.
Metro Group Maritime collects both disputed and undisputed debts throughout North America and across the world. When debts are disputed, we look ﬁrst to mediate and resolve amicably. Early attorney intervention helps to prevent collection matters escalating into lawsuits and avoid the costs associated with such proceedings.
At times, a lawsuit is the only possible recourse. Our attorneys can ﬁle suit in most jurisdictions around the world – and our fee remains on mostly a contingent basis.
Metro Group Maritime is committed to exhausting every possible avenue to recover your outstanding debt. We use our own in-house investigative team to leverage a wide variety of cutting-edge databases, as well as a network of industry professionals that include licensed private detectives to track down every possible lead.