Williams & Williams, Inc.
P.O. Box 34307
Louisville, KY 40232
(502) 451-7000
Fax: (502) 451-7490
E-mail: wwi@collectthemoney.com

CLLA SURVEY

PROBABILITY OF COLLECTING COMMERCIAL DEBTS

AT INTERVALS AFTER DUE DATE

The results of a recent survey of members of the Commercial Collection Agency Section (CCAS) of the Commercial Law League of America (CLLA) show that at three months delinquent, 30% of accounts receivable will not be collected; at six months delinquent, over 45% of accounts receivable will never be recovered; and at twelve months delinquent, almost 80% of delinquent accounts will have to be written off. The results of this survey are an update from a similar survey conducted by the CCAS in 1997.