Commercial Collections Disclosure

Advanced Receivables, LLC (“Advanced Receivables,” “we,” “us,” or “our”) provides commercial accounts receivable and business-to-business debt recovery services.

B2B Commercial Accounts Only

Advanced Receivables currently accepts business-to-business (B2B) and commercial accounts only.

Our services are intended for obligations arising primarily from business, commercial, trade, or other non-consumer transactions. We do not currently accept accounts arising primarily from personal, family, or household transactions.

If you believe an account submitted to Advanced Receivables may involve a consumer obligation or may otherwise be subject to consumer debt collection laws, please contact us before submitting the account.

Professional Collection Practices

Advanced Receivables is committed to conducting collection activity professionally, accurately, and in accordance with applicable federal, state, and local laws and regulations.

Our collection activities may include, as appropriate:

• Reviewing account documentation and payment history;
• Contacting businesses and authorized representatives regarding outstanding commercial obligations;
• Communicating with debtors concerning account status and available resolution options;
• Negotiating payment arrangements or settlements when authorized;
• Processing or facilitating payments;
• Providing account status and recovery information to our clients; and
• Referring matters to legal counsel or other appropriate professionals when authorized and appropriate.

Nothing on this website constitutes a promise or guarantee that a particular account will be recovered.

Account Documentation

Clients submitting accounts are responsible for providing accurate and complete information and documentation relating to the account.

Depending on the circumstances, documentation may include:

• Invoices;
• Contracts or agreements;
• Purchase orders;
• Statements of account;
• Delivery records;
• Work orders;
• Correspondence;
• Payment records; and
• Other documentation supporting the amount claimed to be owed.

Advanced Receivables may decline to accept or pursue an account when available documentation is insufficient, the account is outside our service scope, or collection activity would not be appropriate.

Accuracy of Information

Clients are responsible for the accuracy of information submitted to Advanced Receivables.

Submitting an account for collection does not, by itself, establish that an alleged obligation is legally enforceable. Advanced Receivables does not provide legal opinions regarding the validity, enforceability, or collectability of a particular obligation unless legal services are separately provided by appropriately licensed counsel.

Clients should consult their own legal counsel regarding questions concerning contracts, statutes of limitation, litigation, legal rights, or the enforceability of an obligation.

Disputed Accounts

If an account or portion of an account is disputed, Advanced Receivables may request supporting documentation from the client and may suspend or modify collection activity while the matter is reviewed.

Clients should promptly notify Advanced Receivables of any known dispute, payment, credit, return, adjustment, bankruptcy filing, legal action, settlement, or other circumstance that may affect the amount or status of an account.

Legal Action

Advanced Receivables is not a law firm and does not provide legal advice.

Where appropriate and authorized, an account may be referred to independent legal counsel for consideration of legal remedies. Any legal services are provided by the applicable attorney or law firm and are subject to a separate attorney-client relationship.

Advanced Receivables does not guarantee that legal action will be recommended, initiated, or successful.

No Guarantee of Recovery

Collection results vary based on the facts and circumstances of each account.

Factors may include the age of the account, documentation, amount owed, debtor financial condition, applicable law, prior collection activity, available contact information, and the debtor’s willingness or ability to resolve the account.

Accordingly, Advanced Receivables makes no guarantee regarding the amount or timing of any recovery.

Applicable Law

Collection activity is conducted subject to applicable laws and regulations governing the particular account, parties, transaction, and jurisdiction.

Because collection laws can vary by jurisdiction and circumstances, information contained on this website should not be interpreted as legal advice or as a representation that a particular collection method is legally available for every account.

Contact

Questions regarding an account, submission, payment, or collection matter may be directed to: