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Collection Agency Types
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• This is contract to assume payments on a boat. Great oaks asset management is the payment processor. Great oaks collects payment from the buyer keeps a fee and cuts a check to seller according to contract. 2 payments were made by the buyer to great oaks in july and august of 08. Great oaks never forwarded payment from them to the seller. This is a missapropriation of funds.
• Trying to collect from an asset management company in new jersey that retained us to prepare, manage and market a bank owned property in california. We performed the requested property preservation and maintenance tasks, submitted the bills and have not had a response from the company after repeated calls and email messages.
• We are an reo broker who is hired by several different banks or asset management companies to maintain and sell their homes. In the listing and property maintenance we incur cost that banks say they will reimburse us for, but sometimes do not. We need to aggressively seek reimbursement, but are also concerned with a few of our retained clients, that we don't irritate them so much that we lose their business.