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1) WHAT DOES IRS DO FOR LENDERS, BANKS, AND SELLERS OF NOTES?
IRS provides timely bids, quick responses, accurate due diligence and efficient closings at fair market price for any portfolio or loan a lender or servicers may wish to sell. We are also a single source solution to provide independent evaluation of real estate loan portfolios using the most advanced technology, data, and methods available.
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2) IS IRS A COLLECTION AGENCY?
No, our firm is primarily an investor and note buyer who buys for our own account. We believe we are so efficient, that we also offer consultation services to clients who are (a) collecting past due accounts as the original creditor, (b) collecting as a third-party on a contingency basis or (c) who are collecting for their own newly acquired portfolios.
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3) WHY IS IRS UNIQUE TO THIS MARKET SPACE?
IRS has no industry competitors who offer what we offer. We have developed proprietary technology, proven methods, and unique products which increase the volume of recoverable delinquent debt to collection agencies, law firms, debt buyers, and creditors.
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4) WHAT GEOGRAPHIC AREAS DOES IRS SERVICE?
IRS services debtors, borrowers and collectors nationwide.
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5) CAN IRS SOLUTIONS WORK FOR A FIVE-COLLECTOR SHOP AS WELL AS A ONE THOUSAND COLLECTOR INTERSTATE ORGANIZATION?
Yes, our solution is scalable, customizable and effective for the small proprietorships, yet can be integrated into multi-state decentralized braches for large corporations with on-site managers.
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6) HOW DOES IRS ASSIST COLLECTION FIRMS TO RECOVER MORE DEBT IN LESS TIME?
Because we recycle delinquent debt it makes sense to the payee as well as the payer. This fosters co-operation between the parties and stimulates timely action. Also, more debt is recovered in less time spent by the collector because our human resources act almost like an "assistant collector". Our account manager and support strategy gives back valuable time to the collector to collect on additional accounts. Essentially we are the "Collector's Collector".
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7) HOW CAN I PARTICIPATE AS AN INVESTOR IN YOUR BUSINESS?
Simply fill out the form on the "Investor" link on the web site and you will be contacted by an investment advisor.
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8) HOW DOES IRS HELP INDIVIDUAL COLLECTION COMPANIES RETAIN THEIR COLLECTORS AND REDUCE TURN OVER?
Our systems and incentives are designed to maximize the potential of collection organizations and produce loyalty amongst the professional collectors to their company. We are sensitive to the turn-over factor which is generally present in this industry and are aware of the difficulties faced when a trained and competent employee leaves or a less competent one must be let go. IRS has developed training which is available to new collectors in a variety or areas including talk-offs and FDCPA guidelines.
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9) ARE IRS SOLUTIONS PROVEN, MEASURABLE, AND QUANTIFIABLE?
Yes, our solutions are both formulaic and their results are mathematically predictable. The progress is measurable and quantifiable via our extensive management reporting capabilities.
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10) ARE IRS'S SERVICES, RECOMMENDED SOLUTIONS, AND IMPLEMENTATION COMPLIANT WITH THE REGULATIONS OF THE FDCPA (FAIR DEBT COLLECTIONS PRACTICE ACT) AND ARE THEY GRAMM-LEACH-BLILEY FINANCIAL PRIVACY ACT COMPLIANT?
Yes, our data transmission, storage, and business methods and procedures are compliant with all federal, state and local regulations, laws, and privacy practices.
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11) HOW CAN I GET STARTED UTILIZING THE SERVICES OF IRS?
Simply call the toll free Business Development specialist in the Contact Us area of the web site or obtain a secure log-on and password by filling out the simple form located in Products and Services area of the web site.
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12) WHAT DOES IRS BELIEVE IN?
We believe that repaying debt to creditors and restoring credit to debtors is the right thing to do. We believe in building relationships based on mutual benefit. We build relationships with the Lenders, Banks, and Investors who need a trusted partner who does what they say they will do. We build relationships with American Homeowners and Consumers who purchase property, goods and services with credit. We believe in satisfying short term needs and fulfilling long term objectives for Lenders, Investors, Creditors, and Collectors, as well as Homeowners, Borrowers, and Debtors. We feel the American Dream needs education, restoration, guidance and a new era of fiscal responsibility. We believe that the Collection Industry plays an indispensable role in the US Economy and without it the cost of goods and services would skyrocket. We believe in the future of Banking and Credit.
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