Pre-Trial Debt RecoveryWe work also in non-standard situations!
Justification for collection procedure:
Purchase agreement
Leasing
Service agreement
Debts for utility services
Lease/rental agreement
Promissory note
Loan agreement
Unpaid invoice
Other types of liabilities
debt is not older than 10 years
there is a proof of transaction signed by debtor
settlements are made officially, there is a proof of payments or the payment history is available
How to initiate the debt recovery in 3 steps?
1 – receive an offer and sign an agreement
2 – send us the debtor’s information (document copies not to be submitted)
3 – pay the case registration fee (if necessary)
How the debt recovery takes place?
1
A warning letter is sent to the debtor’s address
2
If necessary, additional contact information is searched
3
Collecting specialists contact the debtor and achieve an agreement on the debt repayment procedure
4
Collecting specialists perform payment execution control
5
Receiving the payment in full, the debtor’s case is closed
How are mutual settlements performed?
- All recovered amount is transferred to the customer’s bank details;
- Commission is calculated from the actually recovered debt;
- If the number of transferred cases is <30, debtors must make payments to the “Melnā lapa” bank details.
- “Melnā lapa” transfers all the recovered amount to the customer’s account once a month;
- If the number of transferred cases is >30, debtors may make payments to both “Melnā lapa” bank details and customer’s bank details, a mutual payment reconciliation is performed and once a month all recovered amount is transferred to the customer’s bank details.
Advantages for the debtor’s payments made to the “Melnā lapa” bank details:
- No need to perform additional payment reconciliation;
- Less of administrative load and saving your time;
- Faster information updates in “Melnā lapa” data base and consequently faster recovery process.