Bohemia, NY (PRWEB) November 17, 2012
On November 17, 2012, debt collection agency Rapid Recovery Solution released a statement following an article from The News-Gazette by Tracy Moss, regarding the city of Danville’s incorporation of a new debt recovery system that threatens a loss of income tax refunds to those who do not pay.
According to The News-Gazette article, “Residents overdue on city garbage, water and sewer bills might want to pay up now, otherwise they risk losing any state income tax refund they might be owed next year.” The article states that Danville is in the process of joining a number of Illinois communities that let municipalities recover any debts owed to the city, as well as be able to threaten debtors with taking away their income tax refunds.
David Wesner, corporate counsel for Danville, says in the article that although they are focusing on recovering late water, garbage, and sewer bills, the new program does not limit the city to which kinds of debts can be recovered. According to the article, if the council approves the program for Danville, they will most likely start on a small test run to ensure the information between city and state is without error.
John Monderine, CEO of debt collection agency Rapid Recovery Solution, knows how financially important it is to collect the money that is owed to you. “People not paying bills and debts owed to you, especially ones owed to a city itself, can be financially disruptive,” says Monderine. “I applaud the city of Danville for taking initiative and going out and getting the money they city is owed.”
Established in 2006, Rapid Recovery Solution, Inc. is located at the highest point of beautiful Long Island. Rapid Recoverys Collection Company is fully committed to collecting your funds. We believe that every debtor has the ability to pay if motivated correctly. We don't 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.