CoSupport AI
What is Retrievables?
Retrievables serves as a marketplace connecting businesses that are owed money with vetted collections law firms across the nation. The platform allows businesses to upload information and documentation related to their unpaid invoices, which is then reviewed by experienced attorneys who specialize in debt collection. The process simplifies recovering past due accounts by directly matching businesses with the most suitable legal professionals in their region and industry, minimizing time spent searching for attorneys.
Businesses utilize Retrievables at no charge, with attorneys operating on a contingency fee basis—charging only a percentage of the amount collected. This approach provides an efficient, risk-free process for businesses seeking to improve their cash flow and liquidate outstanding receivables, while offering law firms fresh collection claims and new client opportunities.
Features
- Nationwide Attorney Network: Access to experienced collections firms across the country.
- No Upfront Cost: Businesses incur no platform fees; attorneys are compensated via contingency.
- Easy Case Submission: Upload invoices and documentation directly through the platform.
- Custom Demand Letters: Enables generation of demand letters drafted by attorneys.
- Efficient Case Matching: Connects cases to the most suitable attorneys based on claim details.
- Time-Saving Process: Eliminates manual attorney search by enabling attorneys to find and accept cases.
- Professional Legal Support: Access expert legal guidance for debt collection.
Use Cases
- Collecting unpaid invoices from unresponsive clients.
- Connecting businesses with specialized collections attorneys.
- Improving liquidation rates for high volume, nationwide businesses.
- Streamlining legal debt collection for companies with overdue accounts.
- Drafting professionally written demand letters for past due payments.
- Providing law firms with fresh collection claims and client leads.
FAQs
-
Why use a collections attorney?
Collections attorneys have the legal authority to pursue debt collection through the courts, increasing the likelihood of recovering unpaid debt that cannot be collected through traditional means. -
How does the Retrievables marketplace work?
Businesses submit details and documentation of unpaid debts through the platform, which are then reviewed by collections attorneys who select cases based on their criteria. Once an attorney accepts a case, Retrievables connects both parties to proceed with recovery efforts. -
What information is required to submit a case?
Information such as debtor name and location, amount due, days past due, a case summary, and supporting documentation like contracts or invoices is required. -
Are there any upfront fees for businesses?
No, businesses use the platform for free, and attorneys charge only a percentage fee based on the amount of debt collected. -
How are law firms compensated on the platform?
Collections attorneys operate on a contingency basis, receiving a pre-agreed percentage of the collected amount after successfully recovering the debt.
Helpful for people in the following professions
Retrievables Uptime Monitor
Average Uptime
100%
Average Response Time
323.4 ms
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