A recent article explains that the Climate Change Department has hired debt collectors to collect on outstanding debts of around $22 million. The debts are owed by insulators who received rebates they were not owed, and in some cases improperly installed insulation in homes. According to the article, an agency had been previously hired to collect on the debts, but after recovering only $920,000 for the government the agency has decided to pursue assistance from other agencies.
Articles like this highlight the important role that collection agencies like The Kaplan Group play in today’s economy. Collectors assist a wide variety of entities, from businesses to governments, in collecting debts owed to them, allowing those organizations to reinvest their money in business growth and job creation.