PAYMENTS COLLECTIONS PLANS AND APPROACHES
Negotiation:
We understand that some debtors may struggle to pay the full amount owed at once. That's why we offer payment plan negotiation services, allowing debtors to pay off their debts in installments while ensuring that our clients receive the money they are owed.
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Skip Tracing Services:
In some cases, debtors may try to avoid payment by moving or changing their contact information. We may use skip-tracing services or other tactics to track down debtors and ensure that they are held responsible for their debts.
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Asset Investigation:
If a debtor refuses to pay or denies that they have the means to do so, we can conduct an asset investigation to determine if they have assets that can be seized to satisfy the debt.
Dispute Resolution:
Occasionally, debtors may dispute the debt owed, creating a roadblock in the collection process. Our team can work with both our clients and the debtor to reach a mutually agreeable solution.
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Credit Reporting:
We understand the importance of credit reporting when it comes to debt collection. That's why I see the importance of reporting all payments made by the debtor to the relevant credit departments, helping to ensure that our clients receive the money they are owed and that debtors are held accountable for their debts.