McCarthy, Burgess & Wolff is the name of a well-known debt collection agency. This one has been in the industry for a few decades, providing accounts receivable management and debt recovery services. It is known for its effectiveness and professionalism.
Just like other debt collection agencies, McCarthy, Burgess & Wolff also collects for others. For those who are curious who the company collects for, keep reading the article to find out the answer to the question.
McCarthy, Burgess, & Wolff Overview
Before finding out who McCarthy, Burgess, & Wolff collects for, it is better for you to check out the brief information about McCarthy, Burgess, & Wolff itself, especially if you are not really familiar with it. So, who is McCarthy, Burgess, & Wolff?
Details:
- Type: Privately held
- Industry: Financial services
- Founded: 2000
- Headquarters: Bedford Heights, Ohio
- Employees: 201-500 employees
- Specialties: Outsourcing, litigation management, customer retention program, best practices consulting, reporting and analytics
- Website: https://www.mbandw.com
McCarthy, Burgess, & Wolff, which is also more known as MB&W in short, refers to one of the largest collection agencies in the United States. Since the first time it was founded by two collection veterans, it has collected more than $1 billion for their clients for the last decade alone. The company aims to provide a simple, stress-free experience for everyone who wants to improve portfolio liquidation. Everything can happen with the combination of good strategies, advanced technologies, and creative, dedicated and experienced staff.
McCarthy, Burgess, & Wolff claims itself to be unique. Here are the things that make it unique as mentioned on its official website:
- Custom built recovery programs
- Recovery programs segmented by industry
- Recovery programs segmented by client
- SCO II Type II certified
- ISO 2700 certified
- Disaster recovery plan
- 100% call recording
- Voice analytics technology (key words, key phraseology, voice infection)
- Individual portfolio trending analysis
- Dual methodology combining customer service and portfolio liquidation
- Customer service oriented recovery programs
- Custom built outsourcing (1st party) solutions
- Real-time reporting and access to recovery system
- Innovative technological solutions and capabilities
- Expertise, compliance, reputation
In case you are wondering about the legitimacy of McCarthy, Burgess, & Wolff, there is nothing to worry about as it is legit and not a scam. The company has the main office that is based in Cleveland, Ohio. Aside from the one located in Cleveland, Ohio, it also has two other locations located in Cleveland West, Ohio, and Tulsa, Oklahoma.
Who Does McCarthy, Burgess & Wolff Collect for?
For anyone who is wondering who McCarthy, Burgess & Wolff collects for, the answer is a range of different creditors. Unfortunately, the information about these creditors is not known. That’s why it is hard to provide the list. However, as mentioned on its LinkedIn profile, it has partnered with a lot of industry segments, such as financial services, technology, retail, communications, utility, and so on. It means the company collects for creditors under these industries. Check out the details below:
Financial services
McCarthy, Burgess, & Wolff teams up with financial institutions, such as mortgage lenders, banks, and credit unions. These institutions are helped by the agency in recovering debts from credit cards, loans, and other financial products. With the help of MB&W, these companies or institutions can maintain their financial health and be able to continue to serve the consumers.
Technology
Technology sectors, including hardware companies, software companies, IT service providers, and so on are known to often have a hard time with unpaid invoices and subscription fees. In order to help these companies recover these debts, McCarthy, Burgess, & Wolff purchase the debts of their consumers. This is one of the efforts to help them to maintain their operations and to continue their work in making innovations. By having the debts purchased by MB&W, the companies are able to sustain growth and develop within the tech industry.
Retail
McCarthy, Burgess, & Wolff also purchases debt from both brick-and-mortar retailers and e-commerce businesses. After purchasing, the agency starts collecting overdue payments from the consumers, including everything from unpaid store credit accounts and financing agreements. Thanks to MB&W, the retail companies are able to maintain the stability of their finances.
Communications
The communications industry, such as telecom operators, cable companies, and internet service providers, are known to often have to deal with debt from their customers. McCarthy, Burgess, & Wolff is created to help them in collecting the debts of their consumers. By having the debts of their consumers purchased by the agency, these companies will be able to continue to provide reliable and high-quality communication services.
Utility
There are a lot of utility companies, including the ones that provide water, electricity, gas, and telecommunications services, that have to deal with unpaid bills. McCarthy, Burgess, & Wolff assists these companies to collect overdue payments from their customers. With the help of MB&W, these companies will be able to continue serving the public.
Bottom Line
In conclusion, McCarthy, Burgess, & Wolff collects for several creditors in several industry segments, such as financial services, technology, retail, communications, utility, and many more. If you are curious about the exact companies they collect for, the sad news is that such information is not available. Try to ask them by calling at 888.584.3053. If you are too lazy to talk to its customer service, you can also ask them by sending a fax to 440.735.5110 or by submit a form that is able to be found on the official website of McCarthy, Burgess, & Wolff at suethecollector.com/mccarthy-burgess-wolff/.
