A Kaulkin Ginsberg Publication
11/21/2009

Hunter Warfield Posts Record Liquidation Rates

October 13, 2006
 
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Hunter Warfield, Inc. (HWI), a firm specializing in collections and asset investigation, announced today that it has increased revenue for clients in all business segments.

For nearly 25 years, HWI has been providing services to shorten cycles on debt collection, resulting in reduced operating expenses, improved financial accuracy and accountability, and a cost-effective means to recover its assets.

"The collection strategies at Hunter Warfield are established based on numerous internal and external data processes and applications. "The process of scoring, evaluating and segmenting based on collection probability points facilitate the best recovery opportunities," said Jeff Bowan, VP Corporate Operations for Hunter Warfield.

Mid-America Apartment Communities is a publicly-traded real estate investment trust with ownership interest in 39,179 apartment homes in 135 communities throughout the southeast and south central United States. Mid- America is one of Hunter Warfield's premier clients and is enjoying additional revenue through better liquidation on past due accounts. Over the past year, Hunter Warfield has increased liquidation of their aged debt by 13%.

According to James Maclin, VP Corporate Services for MAAC, "Hunter Warfield's advanced technology practices, better employee education and training have definitely facilitated in the way they collect more of our money. Their collection strategies have been right on target."

"The ability to increase liquidation for our clients is a key factor in how we market our business. By utilizing the right technology coupled with a great staff allows us to concentrate our efforts on our client's needs, which is ultimately collecting more money. We offer unique programs such as Hunter Warfield University that serve to educate our employees and benefit our clients. By investing in our own valuable human resources, who act as an extension of our clients' organizations, it enables us to further our clients' success," said Todd Wahl, VP Business Operations for Hunter Warfield.

Another HWI client, Sentinel Real Estate, a New York City based real estate investment and management company with a portfolio of 160 apartment communities spread across 33 states has also enjoyed an increase in their liquidation rates. Hunter Warfield has boosted liquidation by nearly 19% for accounts placed. According to Bob Leniart, Vice President, "The increase in revenue from bad accounts is very encouraging. It shows that our agency is on the ball and working each account hard to recover as much of our money as possible."

"With higher performance rates and impeccable service, our achievements position us as America's leading collection agency in the multi-housing marketplace and we are poised for continued future growth," Wahl noted.

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