RecoveryPro

RecoveryPro Features

RecoveryPro utilizes a local AND an online database (used to synchronize data between users) (see pricing) Access your accounts anywhere with an internet connection!

Your local and online database are synchronized so both database are the same!

If your internet goes down, you are not out of business - RecoveryPro will sync back up automatically when your internet comes back up!

RecoveryPro is a powerful database program for Judgment Recovery and Collections and was designed and programmed by a Judgment Recovery Enforcer (with some collection background) with 15 years of JR experience (starting in 2003 with 2018 being the 15th year).

This software does everything but pour coffee and flip eggs for you in the morning. A licensing key code is required and is billed monthly based on the number of accounts you have (See Pricing). Your local database is Microsoft Access and the online database is Microsoft SQL Server.

Requires Windows Vista or greater and Microsoft Word (for mail merge features) 2003 or greater (2007 or greater for custom headers). You do not need Microsoft Access in order to run RecoveryPro. You mail merge to queries set up in the QueryDB database provided, 'Mark' your records and open your mail merge document.

If you have a letter or a 'common' document that is different than what is provided with the software, and you are willing to allow distribution of your document to other users, just send us a copy of your document and it will be added to RecoveryPro. Otherwise you can make your own documents and mail merge it to the database. Updates and support is always FREE.

Import records from an excel spreadsheet
Export records to excel for your POE, Bank, or Skiptrace providers (customizable)
Over 1000 user fields
30 user defined fields included for mail merge
As many users as you need (See Pricing) - including remote collectors!
Runs on your network and utilizes an online database - so you can have multiple computers in multiple locations
Have remote collectors using the online database
You or your Employees can work at home using the online database
Daily to-do, Needed Searches lists for each user
Automatic Power Phone Dialer Available (This is third party software and is not free. Go to: http://www.evs7.com/ for more details)
Manual Phone Dialer Screen is available for those who do not want to purchase an Automatic Phone Dialer
Quick Collection Screen that can be set up for numerous campaigns for the collector
Set up customized phone dialing campaigns
Most common documents included and print automatically or manually
Any document you want to create with Microsoft Word and use mail merge
Handles all your expenses per account
Calculates simple or compound interest on collection accounts
Calculates simple or compound post judgment interest for ALL states
Allows separate interest rates per account
Automatically calculates Per Diem amounts per account (daily interest charge)
Automatically calculates date interest paid through
For the States that require interest rates to be updated on a scheduled bases, RecoveryPro allows for the update of these interest rates with only one entry (updates all accounts that you associate with that state) – even allowing for multiple States that requires interest rates updates
Allows you to change interest rates - payment to payment as needed or whenever you want
Allows you to 'credit' part of the debtor’s balance - payment to payment as needed (match payments or any other arrangement you make with a debtor – also used to ‘zero’ out accounts when satisfied - Rebate amounts do not calculate into what is owed to the creditor)
Handles solicitations, judgments, collections, pending bankruptcies, pending judgments, satisfied, closed, and purged accounts. Also, user defined statuses.
Mail Merge using Microsoft Word or Open Office. Queries have been set up to accommodate your mail merge needs, including accounts, debtors, creditors, garnishments, other addresses, courts, sheriffs, debtor exams, and mail labels or envelopes.
Updates account balances automatically on startup
Up to 15 customized searches (15 includes Skiptrace)
Up to 12 scheduled letters for debtors (12 includes demand letter and payment statement)
Many Word documents included – including envelopes, blank letters, court letters, sheriff letters, and much more
Complete statistics at a glance showing your account values by type, placed values by year, recovered values by year, recovery rate by year, overall recovery rate, expenses by year, and much more
Search features for several common fields (like names, addresses, phone, etc) – will search the entire database for matches
Name searches includes soundex searches (soundex is an algorithm that allows for matches for similar sounding or similar spelled names)
Allows debtor payments to be applied to fees, creditor fees, or court costs prior to interest and principal
Allows you to adjust your creditor’s percentage received of recovered fees, recovered creditor fees, recovered court costs, and recovered principal/interest – per account
A complete daily to do list checking for: late payments, reviews, expiring SOL, possible debtor exams, active debtor exams, possible garnishments, active garnishments, expiring agreements, verify debtor addresses (using blank postcards to verify addresses - or letters if you wish)
Set up all your scheduled letters to print on regular paper, perforated paper, or other paper (nice for bonded or colored paper as needed)
Letters are designed for both regular paper and perforated paper printing (perforated with a 3 2/3 inch horizontal perforation - great for payment statements)
Letters are designed for #10 single windowed envelopes (lower left) – or you can print plain envelopes or mail labels
Letter header provided or you can design your own (.jpg) - Instructions
You can also scan in your signature and it will print on your letters - Instructions
Multiple Debt Pools with individual letter heads if you want
Clerk of Court table – letters and envelopes mail merge
County Sheriff Departments table - letters and envelopes mail merge
Other contacts table - letters and envelopes mail merge
Garnishees/Employer/Bank table - letters and envelopes mail merge
No more scrolling through the records (and overshooting)
No more clicking on those little navigation arrows at the bottom of the screen
No more cheap contact databases
Attach Documents to your accounts (requires Dropbox for multi computer systems) Instructions

Things that relate to your creditors:

Handles all payments to your creditors
Handles direct payments that are made to your creditors
Generates statements and updates for your creditors
Send monthly statements automatically by email
Can have two unique creditors per account - great for commissions and finder's fees
Handles judgment solicitations to potential creditors
Handles solicitations for potential collection creditors (Client Leads)
Set % of recovered funds for each creditor
If you are using the online database, you can set your creditors up to view specific notes and account data LIVE, using ClientWatch (a separate program) - the information made available to clients is the same as what is available with monthly summary statements. Contact us if you want to see sample accounts using ClientWatch.

Things that relate to debtors:

Have as many debtors per account as you want (1 or even 100 as needed)
Attach the same debtor to multiple accounts and not worry about changing data - like an address - account to account. One change does it all.
Treats each debtor’s status separately allowing flexibility in garnishments, payment plans, exams, skiptrace, etc
Handles unlimited number of debtor payments – even partial payments - payments do not have to be payments in full
Correctly calculates interest between payments
Handles payment plans – all debtors can be on separate plans - even payment plans for separate accounts
Notifies you of late payments
Organize and track garnishments
Organize and track debtor exams
15 customized search reminders
Allows you to adjust the interest rate - payment to payment - as needed
Allows you to ‘rebate’ interest or match payments for your debtor as needed
Up to 12 scheduled letters for the debtors (12 includes demand letter and payment statement)
Track court allow expenses per account, which automatically adds to the balance owed
10 User Defined fields for mail merge

Even though RecoveryPro keeps track of what you owe your creditors, it is not an accounting package and does not print checks. Third party check writing and accounting software (such as QuickBooks) is recommended.