Recovery of corporate claims
DEBT RECOVERY OF TRADESMEN AND COMPANIES
provide a complete debt collecton for you. The constant activity of our call
centre, outreach workers and advocates will provide to your receivables a constant
supervision and a motivation to debtors to pay. We will provide all steps of
the extrajudicial and the subsequent judicial recovery of debts.
Evaluation of the viability of claims for recovery
- Acceptance of claims for recovery
- Acceptance of claims package for recovery
- We charge commission only from the sum recovered
- We will enforce the claim to be recovered
DOES DEBT RECOVERY ON YOUR OWN WORK?
Debt recovery on your own becomes ineffective not only in the moment of loss of time, which can be used for profit. Debt recovery on your own is also ineffective where you will not use all legal redress. Anyone can send a letter, it is important to send it in time and form that will not put the creditor in a disadvantageous position. It is also important to contact the debtor in person, as an excuse by phone is always easier.
To make it easier for you to further develop your company, entrust your claims to professionals - contact us and we will help you.
FAQ ABOUT RECOVERY OF CORPORATE CLAIMS
WHAT IS THE PRICE FOR RECOVERY?
We determine the price on the basis of information supplied about the debtor, his subsequent screening, duration and amount of the claim (the most important parameters). We bear the cost of the extrajudical enforcement, receiving a reward through the payment of the debtor.
WHY HAVE COLLECT THE DEBTS BY AN AGENCY?
We are simply professionals! We have no personal ties, we know common excuses of the debtors, we have legal knowledge that will improve your position of creditor. We have systematic procedures and handle the claim constantly. We have software that helps us to manage the recovery process and does not let the claim"lie" on the side. Last but not least, the debt recovery brings us money and care for your claim is not a waste of time. You need to pursue business, not to chase the debtor.
WHAT TO DO IF EXTRAJUDICIAL ENFORCEMENT IS NOT GOING ANYWHERE?
That may happen, too. In case it does, we propose the court or criminal procedure to the creditor.
IS IT AN ADVANTAGE IF I GIVE YOU MORE RECEIVABLES AT ONCE?
Yes. We have the the opportunity to spread the costs associated with the debt collection to a larger amount, and that reduces the overall cost.
IS IT AN ADVANTAGE TO PASS THE CLAIM SHORTLY AFTER ITS MATURITY?
Yes. The newer the claim, the more instruments we have for its enforcement. For example, we are able to take advantage of such an action for revocation of the transfer of the debtor's company. Also, the price for recovery is in the order of percents rather than tens of percents. It is important to consider how much you are able and willing to do to raise money for your own account. If it is the matter of a phone call monthly, then your claim gets older as time progressess, which reduces rapidly the successs of recovery.
WHAT IS THE PROCEDURE FOR RECOVERY ?
We will get in touch with the debtor by phone and in person. We get information from his vicinity and examine his creditworthiness and the veracity of his assertions. We provide new agreements and prepare the ground for a successful resolution of the claim. We keep in touch with the debtor and inform the creditor regularly about the status of the claim.
JWHAT IS YOUR SUCCESS RATE OF RECOVERY?
The success of extrajudicial recovery depends on many factors. Generally we have statistics according to the claim duration. In case of claims up to 3 months after the due date, our success rate is 92 %, in case of claims from 4 months up to one year after maturity it is 77 %, in case of claims from 1 year up to 2 years after the due date it is 70 %, and then the success rate falls dramatically.
WILL YOUR CONTACT NOT IRK MY CLIENT?
We are professionals! If you assign the management of receivables to a third party, it means that you want pay more attention to your business, which will also be appreciated by your client. We talk politely with your clients, our staff is trained. Debt recovery may become a nuisance only where the client begins to fudge or doesn' fulfill the payment agreements.