Summary
Overview
Work History
Skills
Timeline
Generic

Paula Ferguson

Summary

Ambitious professional bringing over 10-years background to growing collections agency. Expert in debt collections, repayment negotiations and repayment plan development. Successful in managing escalated accounts and producing aging reports to cut down delinquent invoices.

Overview

29
29
years of professional experience

Work History

Certified Medical Debt Consultant

MSI Inc
01.1995 - Current
  • Monitored bond arbitrage compliance to meet expenditure schedule requirements and maximize interest earned.
  • Negotiated with creditors on behalf of clients to arrange for payment adjustments, interest rate reductions or payment plans.
  • Developed and documented collection procedures and policies to comply with government regulations.
  • Prevented impending loss and increased profitability by enforcing scheduled collection campaigns, consistently achieving targeted recovery rate of 94% or higher.
  • Trained and mentored over 35 new employees annually on collection methods, documentation requirements and performance strategies.
  • Entered client details and notes into system for interdepartmental access and review.
  • Established relationships with client to encourage payment of delinquent accounts.
  • Evaluated credit reports to uncover problems and develop strategies for consolidating and reducing client debt
  • Adaptable and proficient in learning new concepts quickly and efficiently
  • Reviewed customer applications closely to identify any opportunities for further development and revenue
  • Maintained open communication with old clients to cement relationships, drive referrals and obtain repeat business

Skills

  • Debt Settlement
  • Debt Recovery
  • Budget Planning
  • Loan Restructuring
  • Financial Reporting
  • Financial Analysis
  • Client Assessment
  • Bankruptcy Advising
  • Compliance Knowledge
  • Loan Processing
  • Credit Counseling

Timeline

Certified Medical Debt Consultant

MSI Inc
01.1995 - Current
Paula Ferguson