Check this Chart - discover the value of uncollected accounts.
|
Current..........
|
$1.00 |
|
2 Months.......
|
.90 |
|
6 Months.......
|
.67 |
| 1 Year........... |
.45 |
| 2 Years......... |
.23 |
| 3 Years......... |
.15 |
| 5 Years......... |
.01 |
Figures compiled from a recent American Collectors Association National Survey, as depreciated by inflation and declining collectability.
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