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As professional debt collectors in South Africa, we believe that no woman should have to go through the struggles of collecting debt from an ex-partner or spouse.
When we talk about a debt collection period, we are referring to the amount of time on average that it takes for a business to collect its debts.
If a business has an increased collection period, it can become a major financial liability and focus should be directed at improving it.
However, small businesses often do not have the resources necessary to spend time and energy solely on collecting debts.
Businesses and individuals can benefit from outsourcing their debt collection to registered debt collectors.
Below we share just a few of these benefits.
In this article, Able Tracers and Debt Collectors South Africa outline when it may be necessary to institute legal action against a debtor and how this process works.
Able Tracers and Debt Collectors has established itself as one of South Africa’s most successful debt collection agencies.
Over the years, we have developed a capacity to turn bad debt into profits allowing us to facilitate the entire debt collection process, including purchasing debtor’s books.
There are hundreds of debt collectors in South Africa - each with their own unique debt collection service offering. However, with so many collection agencies out there, it can become quite challenging to choose which agency to use.
There are several important questions that must be asked when picking a collection agency. To save you some time (and money), we have listed them below.
The following excuses are indications of serious cash flow problems and are good reasons to hand over earlier than the prescribed 90 days
Make the following business practices standard operating procedure in your business and you will be surprised at how much better you can manage, prevent and recover bad debt.
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