Although the best strategy to assign your accounts for collections is when they are 60-90 days past due, regardless of the time of year; however, December has several additional advantages.
This is because of 2 reasons.
1. Clients who use the flat fee service can claim the cost as a business expense in taxes.
2. A large number of debtors receive tax refunds in the next few months, and they will likely prioritize that money paying off your debt, especially if a collection agency is involved.
Nearly all collection agencies see better than average collection rates during the first quarter of the year.