Brown & Joseph Enables Expanded Bad Debt Recovery Options Through Alliance with Cortera

Brown & Joseph, Ltd announces its expansion into the debt acquisition market focusing on commercial charge-offs within the insurance, wholesale distributors, manufacturing, and media industries.

Recent trends in litigation, particularly, increasing internal and litigation costs have created a market for acquiring small to mid-range balances written-off to bad debt. Today more than ever corporations are looking for ways to add cash to their bottom-line without operating costs. Brown & Joseph has a new solution that can help.

Dennis Falletti, Senior Vice President, Brown & Joseph states, “Our new acquisition process and new alliance with Cortera, enables us to quickly identify recovery opportunities within accounts that have been written-off to bad debt as uncollectable, and convert them to cash for customers. No longer will companies accept the fact that ‘under suit threshold, too small to sue cases’ have little or low value without additional recourse. This new option gives executives looking to recoup what was previously considered unrecoverable debt, a low cost solution to drive bottom line improvement.”

With their expansion into this arena, Brown & Joseph brings a new method, customized to each company’s unique needs, to grow revenue without increasing operating costs.

Brown & Joseph, Ltd is an international accounts receivable management company headquartered in Rolling Meadows, Illinois and has operated since 1996 with offices domestically and internationally.

Brown & Joseph has entered into a strategic alliance with Cortera®, a leading information provider that compiles insights on nearly every US business. We’ve all been starved for information about what’s really going on within companies—especially private ones. Now businesses can better manage risks and increase revenues with the latest intelligence from Cortera.