Debt recovery 8 step process
The Debt Recovery Process Structure shows the typical steps undertaken to achieve the desired results for your business.
We carefully assess your specific requirements and develop a debt recovery process to meet these objectives.
Initial client meeting to gain an appreciation of your business and understand your objectives.
Discuss the desired outcomes of the recovery process and agree on a desirable course of action.
Depending on quantity, age and value of debtors a pre-arranged fee structure is agreed upon.
Implement the recovery process through varied methods pre-determined through initial meeting.
Reports of the recovery status is available to clients through secure 24 hour online access.
A report is provided to you of all recovered debts and payments are made into your nominated account.
Assess results of the recovery process and agree upon any further course of action to be taken.
Upon client agreement we commence litigation proceedings if required.