Collecting on the Uncollectable Whitepaper: Recovering Old Debt
Find out the hidden cause of untapped revenue in government collection.
Find out the hidden cause of untapped revenue in government collection.
60% of "old" debts are completely uncollectable due to outdated contact information. Now a data-based identity strategy can turn old debt into new revenue.
Debt collection remains a critical revenue source for government agencies. With more than $500 billion in outstanding debts, states can no longer afford to ignore the problems they face in identity resolution—especially in these unprecedented and unpredictable times.
Whether collecting debts via active programs or empowering agencies through a robust offset program, identity-based government collections can revolutionize the way government agencies collect debts. With new public records technologies, they can seize this opportunity, recovering old debts to fund critical government programs in this time of unprecedented fiscal challenges.
Whether collecting debts via active programs or empowering agencies through a robust offset program, identity-based government collections can revolutionize the way government agencies collect debts. With new public records technologies, they can seize this opportunity, recovering old debts to fund critical government programs in this time of unprecedented fiscal challenges.
