Services
Master Servicing
At NRA, we believe in a comprehensive approach to Portfolio Management, focusing on the full collections lifecycle to develop tailored recovery strategies for our clients. With 30 years of experience in delinquent recoveries, we offer unique insights and sound servicing strategies to maximize portfolio performance.
Our Approach:
- Macro and Micro Analysis: We examine portfolios on both macro and micro levels to understand trends and patterns, allowing us to identify cost effective treatments and practices for improved yield rates.
- Customized Solutions: Recognizing that each client has a unique blend of assets, we tailor our strategies to meet and exceed our clients' expectations.
- Value-Added Partnership: As a value-added partner, we evaluate, identify, and deploy strategies to increase recoveries, reduce costs and augment yield rates, offering consultative and practical solutions through our Lifecycle Portfolio Management program.
Why Choose NRA for Servicing?
- Expertise: Benefit from our years of experience in consumer lending and debt management, ensuring comprehensive servicing strategies aligned with industry best practices.
- Customization: We understand that one size does not fit all. Our tailored approach ensures that our strategies are customized to meet the unique needs and characteristics of each asset class.
- Results: With NRA, you can expect improved yield, enhanced portfolio performance and comprehensive reporting backed by our commitment to excellence in servicing.
Ready to Optimize Your Portfolio Servicing Strategies?
Contact us today to learn how NRA can help you maximize the performance of your performing and non-performing assets through our comprehensive servicing solutions.
Strategic Consultative Solutions
Our unique strategic planning is at the core of our portfolio management services. We believe in forging long-term partnerships with our clients, working closely with them to deploy value-added services and implement sound liquidation strategies. Every creditor has different objectives. NRA understands that every solution must fit the clients goals.
Our Consultative Services Include:
- Business Process Workflow Strategy: Developing and enhancing workflow strategies to streamline operations and improve efficiency.
- Acquisition Policy and Procedures Enhancement: Assisting clients in enhancing debt acquisition policies and procedures to ensure collections compliance and mitigate risk.
- Collection Service Standards Implementation: Implementing best practices in consumer engagement and collections techniques to adhere with regulatory compliance while establishing effective liquidation strategies.
- Regulatory and Compliance Guidance: Providing guidance on regulatory requirements and compliance best practices to ensure adherence to industry standards.
- Debt Litigation Management: Assisting clients in managing a comprehensive litigation strategy by utilizing our 50 state legal network combined with internal capacity to manage Pre-Legal and Pre-Litigation collection treatments.
Why Choose NRA for Consulting?
- Hands-On Approach: Our consulting services are tailored to the unique needs of each client, providing personalized solutions and hands-on management throughout every stage of the portfolio lifecycle.
- Expertise: With a team of seasoned professionals and industry experts, NRA brings a wealth of knowledge and experience to every consulting engagement.
- Customization:
We understand that every client is different with unique goals. Our consulting solutions are customized to meet the specific needs and objectives of each organization, ensuring optimal results.
Ready to Transform Your Recovery Strategies?
Contact us today to explore how NRA's strategic solutions can help your organization achieve its goals and maximize performance in the accounts receivable management process.
Expert Collections Management
At NRA, we specialize in 1st party and 3rd party management of delinquent accounts across various asset classes. With extensive expertise and a hands-on approach, we're equipped to handle even the most challenging collections scenarios.
Our Specializations Include:
- Wide Range of Asset Classes: From alternative finance to commercial credit cards, auto loans to consumer finance, we have the experience and expertise to manage delinquent accounts across diverse industries
- Hands-On Management: Our management team brings robust hands-on experience from money center banks, loan originating financial institutions, and financial services companies. This expertise allows us to step in at any point in the asset life-cycle and provide immediate value to our clients' revenue management.
- Customized Solutions: We understand that every client has unique needs and challenges. That's why we tailor our collections strategies to meet the specific requirements of each portfolio, maximizing recovery rates.
Why Choose NRA for Delinquent Collections?
- Proven Track Record: NRA has a track record of exceeding expectations in both performance and transparent reporting. Our dedication to excellence in compliance and performance ensures that we consistently deliver results for our clients.
- Comprehensive Approach: With our unique Lifecycle Loan Management program, we offer a comprehensive approach to collections management, covering everything from initial delinquency to final recovery.
- Industry Expertise: Our management team brings decades of experience in consumer lending and debt management, giving us a deep understanding of the complexities of delinquent collections across various industries.
Ready to Maximize Recovery Rates?
Contact us today to learn how NRA's expert portfolio management services will help you timely optimize your recovery rates while minimizing costs.
Litigation Management Services
Strategizing and optimizing litigation management processes to streamline legal operations and enhance effectiveness. The legal lifecycle begins with pre-legal accounts followed by pre-litigation and finally litigation. NRA manages every stage and provides comprehensive reporting for complete portfolio visibility.
Litigation and Recovery Oversight:
NRA provides best in class litigation business practice, monitoring, compliance and effective litigation management. NRA's network of attorneys are required to follow a rigorous workflow designed to be federal and state specific compliant. Network attorneys' are held to the highest industry and practical business standards resulting in the highest law suit to judgment ration in the industry.
Our Specializations Include:
- Litigation Management Strategy: Strategizing and optimizing litigation management processes to streamline legal operations and enhance effectiveness.
- Policy and Procedure Optimization: Collaborating with clients to refine debt acquisition policies and procedures, ensuring adherence to collection regulations and minimizing legal risks.
- Service Standard Implementation: Implementing industry-leading practices in consumer engagement and collection methodologies, maintaining regulatory compliance while maximizing debt recovery strategies.
- Regulatory Compliance Consulting: Offering expert guidance on regulatory requirements and best practices for compliance, safeguarding clients against legal risks and ensuring adherence to industry standards.
- Comprehensive Litigation Management: Supporting clients in executing a comprehensive litigation strategy through leveraging our extensive legal network across all 50 states, coupled with internal capabilities to manage Pre-Legal and Pre-Litigation collection treatments.
- Cost Recovery Analysis: NRA assists clients in developing a fiscally strategic approach to every stage in the collection waterfall weighing the recovery possibilities with cost requirements.
- Internal Recovery Solutions:
NRA's internal collection capacity allow for the most flexibility in developing the proper lifecycle and waterfall of treatments for a particular portfolio. The internal nature of collection services, allows NRA to be nimble and responsive to results as they occur. These internal controls add visibility that facilitates higher liquidations as a result of better data flow and communication from one treatment to the next.
Why Choose NRA for Litigation Management
- Hands-On Approach: Our litigation management services are crafted to address the distinct requirements of each client, delivering personalized solutions and hands-on oversight throughout all phases of legal proceedings.
- Expertise: With a team of seasoned professionals and industry experts, NRA brings a wealth of knowledge and experience to every engagement.
- Customization: We understand that every client is different with unique goals. Our tailored solutions are customized to meet the specific needs and objectives of each client, ensuring optimal results.
Ready to Optimize Your Litigation Management Approach?
Reach out to us today to discover how NRA's tailored litigation management services can empower your organization to meet its objectives and optimize performance in navigating legal challenges effectively.
Judgment Enforcement
Judgments do not equal revenue. NRA does not believe in "dormant judgments" NRA works intricately with its legal network requiring works standards beyond judgment procurement. To that end, NRA provides the highest level of asset data to its network partners complimenting their internal methods. As a result, clients of NRA appreciate the highest possible liquidations through enforcement. Accounts not immediately liquidated are placed into a customized workflow requiring periodic follow up and increased data monitoring determining when account debtors are emerging from hardship.
Our Specializations Include:
- Diverse Asset Class Expertise: From alternative finance to commercial credit cards, auto loans to healthcare finance, our team possesses the knowledge and proficiency to effectively manage delinquent accounts spanning various industries.
- Experienced Management: With a leadership team boasting extensive hands-on experience from leading financial institutions, including money center banks, loan originators, and financial services firms, we're adept at adding immediate value to our clients' revenue management, regardless of the stage of the asset life-cycle.
- Bespoke Solutions: Recognizing the individuality of each client's needs and challenges, we customize our collections strategies to align precisely with the specific requirements of each portfolio, ensuring optimal recovery rates.
Why Choose NRA
for Judgment Enforcement?
- Proven Success: NRA boasts a track record of surpassing expectations through exceptional performance and transparent reporting. Our unwavering commitment to compliance and excellence guarantees consistent, outstanding results for our clients.
- Holistic Strategy: Through our innovative Lifecycle Loan Management program, we provide a comprehensive approach to judgment enforcement, addressing every stage from initial delinquency to ultimate recovery.
- Industry Insight: Leveraging decades of collective experience in consumer lending and debt management, our management team possesses profound expertise in navigating the intricacies of judgment enforcement across diverse industries.
