Debt Collection Agency Rapid Recovery Solution Releases a Statement Regarding the Collection of Inmate Debts to Fix County Jails Budget

Following an article on the debt collection of inmates to fix a county jail budget, Rapid Recovery Solution releases a statement on the recent news.

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New York, NY (PRWEB) November 11, 2012

On November 11, 2012, debt collection agency Rapid Recovery Solution released a statement following a Soo Evening News article by Dennis Pelham on Lenawee County Jail collecting inmate debts to fix budget problems.

According to the Soo Evening News article, “Collecting more of the $20 million owed by Lenawee County Jail inmates was discussed Thursday by members of the county commission’s criminal justice committee.” The article states that the revenue from collecting the debts could fund an increase in staff, that is being requested by Sheriff Jack Welsh, which estimates to a cost of $686,392.

According to the article, “Three private collection agencies that have been assigned nearly $3 million of the debt have reported collecting nearly $75,000 this year.” According to county administrator Martin Marshall that if the jails revenue continues to fall over a several year span, adjustments will have to be made.

John Monderine, CEO of debt collection agency, Rapid Recovery Solution, offered his comments on the recent inmate debt collection news. “$75000 collected on $3,000,000 in accounts placed sounds like an awful ratio, says Monderine. “Rapid Recovery would like to offer their services on a no fee, no pay agreement. We are so confident we can help bridge the gap to getting into the black we are willing to work for free to prove it.”

Founded in 2006, Rapid Recovery Solution, Inc. is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collection Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We DO NOT alienate the debtors; we attempt to align with them and offer a number of ways to resolve not only your debt but also all their debts.

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