We are into Debt Recovery which refers to the process of collecting unpaid debts from individuals or businesses.

 

It involves efforts to retrieve money owed to a creditor by a debtor who has not fulfilled their payment obligations.

 

We communicate with the debtor to remind them of the outstanding debt. This could be through letters, emails, phone calls, or in-person visits. Then sometimes, negotiations take place to reach a mutually acceptable repayment plan. This might involve discussing alternative payment schedules or settlements that both parties find agreeable.

 

If initial attempts fail to recover the debt, we will advise our customers / the creditor to escalate the matter legally vide our legal team. This could involve filing a lawsuit against the debtor to obtain a court judgment for the debt owed.

 

Once a court judgment is obtained, the creditor can use various legal means to enforce payment. This might involve garnishing wages, seizing assets, or placing liens on property, depending on the laws and regulations governing debt collection in that jurisdiction.

 

We are a Professional Debt Recovery Agency that is a balance between pursuing payment and adhering to legal and ethical guidelines to ensure fair treatment of debtors.

 

If you have debt that needs recovery & if you need our assistance to do the debt recovery for you, do not hesitate to contact us.