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Debt Collection
Debt Collection
What happens when your debtors don’t respond to the innumerable calls and messages you have dropped them? In cases like these, either a legal request is placed to have your receivables collected, or to commission, i.e., take the assistance of a professional debt collection process. The former process is extremely tedious, and is also expensive and risky. It is advisable in most cases to work with professional Debt collection services
How It Works & How We Do It
As we maintain personal contact with the debtors, the recovery chances from our end are very high. We come to a mutually negotiated solution, even if the amount needs to be paid in instalments. We provide them solutions on prioritizing their client amounts in order of importance. We provide both face to face and tele calling activity.
Some of the benefits of face to face activities are: We tend to make a full payment demand when we meet in person, and also explain to them what would be the implications if the payment is delayed any further. It also gives a cross verification and an idea of the location of the debtor, in case a court action is required in future. It also makes the other person realise the seriousness of you to recover the debt, and that there is no budging till it gets done. Our after work hours’ services also help us reach to them, as the debtors are usually busy in working hours. Many other solutions and negotiations are worked out through our tele calling services.