The Firm also undertakes debt collection services to a diverse client base and particularly financial institutions and manufacturing companies. The firm has a debt collection team who are also investigators with wide experience who are able to collect useful information on the debtors’ whereabouts and financial standings. This information is useful in determining the way forward in default of settlement of the debt as it prevents throwing good money after bad.
Most people know that the internal processes in many Corporations are lax in regard to debt recovery. The unit emphasizes on persistent follow ups and from our experience approximately 70% of the debtors will yield to sustained pressure. We however also prefer holding discussions with our clients before embarking on the venture so as to determine the actual modalities that a client will find suitable for its various categories of debtors.