Collections

Commercial Law League of America

For over a quarter century, the Commercial Collection Agency Association (CCAA) of the Commercial Law League of America (CLLA) has worked to elevate the standards of the commercial collection industry in an effort to better serve and protect credit grantors.

CCAA certified membership identifies the elite in the collections industry. Only 115 of the 4,000 collection agencies nationwide have qualified for CCAA membership and certification by the CLLA. Membership in the CLLA is not the same as being certified by the CLLA. Only CCAA certified members can display the CCAA seal. Certified agencies are required to carry a minimum $300,000 surety bond for your protection. Member trust accounts are reviewed twice a year and random audits also are conducted. In an effort to ensure that collection and customer service practices comply with the CLLA rigorous code of ethics, members are also subject to on-going site evaluation.

These are just a few of the standards and procedures that make this certification the original "gold-standard" in the industry, which differentiates certified CCAA members. What does this mean to you? A CLLA certified agency will help you obtain results quickly and effectively with the highest standard of professionalism.

CCAA Certified Member: MSCCM is a member of the Commercial Collection Agency Association (CCAA), one of the oldest and most respected creditor's rights organizations in the country.

Get the FACTS on Fraud

• According to the Association of Certified Fraud Examiners, fraud and abuse costs U.S. organizations more than $660 billion annually.
• The Washington Post recently reported that bankruptcy fraud is "part of a new wave of white-collar crime sweeping the country and costing businesses and government alike millions of dollars."
• The FBI estimates that 10% of bankruptcy filings involve fraud of some kind. Most Fraud Examiners believe this estimate is low and that fraud accounts for closer to 30% of commercial bad debt losses.
• Although business credit fraud is generally acknowledged by experts to cost American business several billion dollars annually, there have never been any statistics to quantify the exact magnitude of this type of crime. We know that it is a large figure, but establishing an exact number has not been possible to date.
• Most commercial bad debt losses are never properly identified as fraud and are merely classified as legitimate business failures