Thursday, September 9, 2010

How long do successful collection agency collections take? Reference absolutely needed.?

When something goes to a collection agency, if the agency successfully collects from a person, about how long does it take? I know that collection agencies fail to collect on many of the items sent its way, but I am curious about how long it takes when it is successful. Other statistics regarding collection agency efforts are welcome. Reference, either print or online, is 100% needed.