Debt Recoveries
MAY 28, 2023
A widespread fear of destroying client connections, a reliance on “handshake” agreements, and the perception that bad debts are inevitable are some other causes of poor credit management. Do not be reluctant to take more aggressive measures if it is obvious that the debtor will not make payment. Keep your promise.
Qualco
NOVEMBER 7, 2023
These often involve initiating legal proceedings against debtors intending to repossess, auction, and sell collaterals or executing payment orders to seize the debtor’s assets or income. Regardless of the outcome and the ultimate objective of recovery, multiple implications could potentially jeopardise the entire strategy.
Debt RR
DECEMBER 13, 2019
Businesses restructuring debt typically do so because they’re having trouble meeting obligations, and it goes both ways. Many businesses are both debtors and creditors. That’s why it behooves everyone to understand debt restructuring. Debt can also be secured using intellectual property, equity, and other soft debt.
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