The Collection Agency Rapid Recovery Solution Comments on an Article Discussing a Successful Debt Collection Plan Recently Implemented in Chicago

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Following an article published on the Chicago Tribune News website, CEO of Rapid Recovery Solution offers a response about Mayor Rahm Emanuel’s plan to create new jobs with money collected from unpaid fine.

On September 6th, collection agency Rapid Recovery Solution responds to an article published for Chicago Tribune News regarding an additional 1.5 million dollars in state tax refunds recovered through unpaid fines, which will go toward creating more jobs in Chicago.

According to the article, the $1.5 million was obtained after intercepting the state income tax refunds of the various businesses and people who owed the city money in unpaid fines. The article states that the administration had originally expected to collect 8.5 million dollars but collected an additional $1.5 million; money of which was obtained mostly from parking tickets, administrative hearing fines, and red-light citations. According to the article, “That money would be spent on creating nearly 20,000 summer jobs for youths and covering the initial cost of hiring 50 new police officers.”

The article mentions that Chicago Mayor Rahm Emanuel devoted $1 million to CeaseFire, a group that prevents violence in the streets of Chicago. In addition, $1.5 million will be donated to 11 churches and community groups. John Monderine, the CEO for the collection agency Rapid Recovery Solution, commends the efforts of Mayor Rahm Emanuel and the city of Chicago. According to Monderine, “This is another great example of a collection agency helping support a great cause.”

The article states that the additional $1.5 million that was given to churches and communities is intended to help create after-school jobs for teenagers living on the South and West sides of Chicago. Furthermore, Mayor Rahm Emanuel is hopeful that approximately 500 new jobs will be created from the extra money.

Rapid Recovery Solution, Inc. was founded in 2006 and is headquartered at the highest point of beautiful Long Island. Rapid Recovery Collections Agency is committed to recovering your funds. We believe that every debtor has the ability to pay if motivated correctly. We don't alienate the debtors; we attempt to work with them and offer various possibilities when it comes to resolving not only your debt, but theirs as well.

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