Your Best Collection Solution
Persistent debt can be a huge burden, so we take the stress out of collecting it. Lyrad Debt Solutions is a specialized firm focused on servicing the collection needs of apartment owners and managers nationwide. Our main goal is to help you recover money from former residents who have not fulfilled their lease obligations.
Our Services include:
- Pre-collect programs on a flat-rate or contingency-fee basis
- Standard collection services
- In-house garnishment of existing judgments
- Pre-legal services
- Full legal services
- Account purchase options
Work with the Best
Though we understand that there are a wide variety of options for selecting the best collection service provider, many of them operate similarly. At Lyrad Debt Solutions we pride ourselves on providing our clients with high-collection returns alongside our professional and experienced customer service.
Our fully comprehensive debt solution includes:
- True industry specialization with over 99% of clients from the multifamily industry
- A full spectrum of customizable services from pre-collect to account purchase options
- A suite of online services and reporting for convenience and transparency
- Collections Dashboard with valuable trends, statistics, and recovery analysis
- A report scheduler for automatic monthly delivery
- Online account submission with document upload feature
- Former Resident Quick Search
- Customizable account placement reminder emails
- Integration with your property management software for quick and efficient submission of accounts
- Advanced analytics and models to analyze your accounts and provide client feedback for improving results
- National licensing so we can pursue recovery throughout the country
- Technologies such as advanced telephony systems, document imaging, customized multifamily-centric software, multiple payment channels, full-time call recording, sophisticated skip tracing software, local number caller ID, live call monitoring, and coaching
- Ability to conduct Collections 101 courses for your managers