Alaska Collection Agencies

Alaska businesses face a number of collections problems. Unpaid bad debt creates negative cash flow for your business.

If your in house collections efforts are not consistent and effective, you lose not only money, but productivity as well, because you're having to dedicate labor time to "chasing after" these delinquent accounts.

To better recover on these past due accounts, many Alaska businesses turn to Alaska collection agencies.

How Can An Alaska Collection Agency Help Me?

An Alaska debt collection agency can help your business collect its bad debts by:

Mail
Typically, collection agencies make use of a number of letters sent to the debtor, called demand letters. These are often very effective in getting the debtor's attention, especially since they're coming from a neutral third party. They're written to remind them of their obligations, and get them to pay or make payment arrangements to satisfy the debt.

Phone
If, after a series of demand letters don't prove effective, an Alaska collection agency will then make phone calls to the debtor.

Legal Options
Alaska debt collection companies often can take legal action, up to and including filing suit, if both the demand letters or phone calls haven't been successful.

Areas Served in Alaska

Alaska collection agencies offer statewide coverage, including these cities:

• Anchorage
• Juneau
• Fairbanks
• Sitka
• Ketchikan
• Kenai
• Kodiak
• Bethel
• Wasilla
• Barrow

Choosing An Alaska Commercial Collection Agency

When choosing an Alaska collection agency, here are a few areas to look for:

Debt Collection Techniques

• ask for sample demand letters that they will be sending to your clients. You want to make sure the language is both strong enough to get their attention, but doesn't alienate your customers. You also want to make sure they abide by the federal Fair Debt Collection Practices Act (FDCPA), and other state collections laws.

  The FDCPA forbids abusive, threatening and obscene language when dealing with debtors, and that they be treated with respect.

• Ask how is debtor information forwarded to the collection agency.
• When and how is collected monies sent to your business.
• How can your business monitor the collections activity.

Company History and Reputation
Ask for references of other similar businesses they've worked with; ask how long they've been in business. Many agencies come and go, so make sure you're dealing with an Alaska collection agency that has stability.

When you're ready to hire an Alaska collection agency, let DebtCollectionSteps.com help you. Fill out the quote form below, and we can refer you to an agency that serves your area.

Alaska Summary of Collection Laws

• Alaska Collection Laws Interest Rate
  
  Legal: 10.5%
  Judgment: 10.5%
or contractual


• Alaska Collection Laws Statute Of Limitations (Years)
  
  Sale of Goods: 4
  Written Contract: 6
  Domestic Judgment: 10
  

  Foreign Judgment: 10
  
  

• Alaska Collection Laws Bad Check Laws (NSF) (Civil Penalty)
  
  Damages in amount equal to $100 or triple the amount of the check whichever is greater. But no more than $1000 over the amount of the check.
  
  
• Alaska Collection Laws General Garnishment Exemptions
  
  75% of employee's weekly net income or $402.50 whichever is more.
  
  
• Alaska Collection Laws Collection Agency Bond & Licensing Rules
  
  Bond: $5000 License: Yes
  

  Fee:
  $100 - Application
  $200 - Agency Biennially

Return to National Collection Agencies from Alaska Collection Agencies.