Towing Debt Recovery Services

If you are a towing company looking for debt collection services, you have come to the right place. Join hundreds of towing companies throughout the Pacific Northwest using Atlas Financial Services as their partner in accounts receivable management. We have 25-plus years of experience in the collection industry, collecting on towed vehicles. We have run into every scenario regarding collecting on impound cars. Continue reading to learn more about Atlas Financial Services Towing Debt Recovery Services.

When should I place a towing account in collections?

Towing companies usually place accounts after the car has been scraped or sold at auction. By that time, you should have all the paperwork necessary to collect on the account. As a collection agency, we will need the debtor’s first and last name, an address, the amount they owe on the account, and any documentation that validates the debt.  

How does using a towing debt recovery agency benefit me?

When you use a towing collection agency like Atlas, you will be able to move forward while we carry the burden of collecting on the account. It is always good to attempt to collect the debt “in-house,” but remember that your receptionist is most likely not professionally trained to collect on this debt. We would strongly recommend setting up a timeframe for in-house collections. After it has gone through this process and you have exhausted all your efforts to collect the debt, you can be confident in placing the account in collections. The longer you wait to place accounts in collections, the more complex the debt becomes to collect. It has been mathematically proven that time is against you; the longer you wait to start the collection process on any account, the percentage of it being “uncollectable” goes up.

What documents do I need to get started with  Towing Debt Recovery Services?

  • A “Claim of Possessory Lien Notice of Foreclosure Sale.”
  • Certificate of Possessory Lien Foreclosure.
  • DMV2U Documentation **Not Required**
  • Miscellaneous Vehicle Request
  • Impound Invoice & Ledgers
We are licensed to collect in Washington, Oregon, and Idaho. If you do not see some of the documentation listed above, you can contact Brandon at (564) 208-4838 or email him at Brandon@atlas-pnw.com for any questions about documentation.  

Click here to see an example of the documentation we need! We also have a bulk upload placement form so you can upload accounts in bulk! 

Everything leading up to the current delinquent account balance is all the documentation we will need. That way, our collectors can reference or provide this documentation to our debtor. If you have any questions, please call Brandon at (564) 208-4838.

Client Portal Sneak Peek! 

Towing Debt Collection Recovery