Debt Recovery
Credit Solutions offers this service in a number of stages. The first stage
would involve various phone calls, e-mails, statements and if necessary meetings
with the client’s customer/debtor. The second stage would include various
letters by Credit Solutions where each letter would increase the level of
insistence upon settlement by the debtor.
In the event that the first attempt is not successful, upon approval by the
client, Credit Solutions would assess the client’s financial situation to
analyse whether the debtor has sufficient funds to pay his debts. Credit
Solutions will report its findings back to the client with recommendations as to
how best to proceed, including whether to resort to judicial action and the
relative costs involved.
Credit Solutions will maintain regular contact with clients
either through meetings, phone calls or via e-mail, depending on the client’s
preference in order to provide feedback for any action taken thus saving time
whilst ensuring peace of mind in a hectic business environment.
