Debt Collection

Debt collection services provided by Credit Recover is different from that of the fact that these outstanding debts do not exceed a period of 45 days.

Debt collection service is used mainly by companies that emit a large number of invoices per month (distribution, production, etc..), But not only.

If your company wants to outsource debt collection activities, this will have a positive effect not only financially, but also the company's image. All customers will know that your company have a professional partner for as debt collection and debt recovery given high prominence.

Service debt collection procedure

Before each invoice due date, the debtor is informed by phone / e-mail that is going to have due dates your bills.

Notifications are made by Credit Recover, as an agent-collector, and include your company's bank and money to be deposited. The debtors  will notify Credit Recover by fax / e-mail about the payment by sending the supporting receipt.

Documents

Your company will send every weekend a credit to Recover database, containing the following data:

• debtor company name;
• the exact address where notifications will be sent;
• telephone / fax / phone company's debt;
• e-mail address of the debtor;
• name of the debtor's legal representative;
• number, date and amount of each invoice;
• residual value of each invoice;
• The total amount remaining unpaid.

All costs of drafting and passing a total of three notices will be paid by Credit Recover.

The minimum duration of a contract between your company and Credit Recover debt collection service is 6 months.

Prices for this service are negotiable depending on contract duration and the number of debtors that are to be found in our portfolio.

If the debt remains outstanding after 45 days, you can opt for debt collection service.