Debt collection is a procedure that involves the unprejudiced and ethical pursuit of delinquent amounts and past-due payments from indebted individuals or businesses on behalf of the creditor. These delinquent amounts include unpaid bills and overdue loans like credit cards and utility bills as well as automobile and student loans. Creditors hire private recovery agencies to collect debts in the majority of the cases. If there is the involvement of a debt collection agency the whole process of debt recovery falls under the interlocutory debt collection procedure. The laws and regulations followed by debt collection agencies vary in different countries.
However, in case of complications, credit report services India and debt collection agencies rely on lawyers for negotiations. With regards to debt collection service India the recovery procedures are pretty simple and rapid. Debt collection agencies in India have skilled debt collectors and attorneys for the faster procurement of payments from debtors. Here are few debt collection agencies in India-
ARRMS (India) Private Limited
By focusing on strategically timed and proactive legal action, ARRMS (India) Private Limited provide complete debt recovery solutions. They also adhere to all regulatory, judicial and statutory guidelines. They rely on traditional debt recovery methods like telecalling and field visits with interlocutory interventions.
Direct Recovery Associates Inc
They have the highest debt collection record in the industry. Their branches offer commercial debt collection services all across India as well as in the United States of America. They have high success rates because their debt collection standards are based on the principles of persuasiveness, persistence and professionalism.
The EOS Group
The core activities of the EOS Group include receivables purchasing and debt collection. Even though their headquarter is in Hamburg, Germany, their outlets operate in more than 25 countries. Their expertise is a fusion of national and international markets with a broader focus.
Afford Motors India Pvt. Ltd.
Founded by Mehar Yadav in 1996, Afford Motors India Pvt. Ltd. is one of the efficient and well-established debt collection agencies in India. The agency offers comprehensive debt recovery methods along with receivables management solutions.
Looking for the most profitable and suitable proposals from your debtors? Hire our expert debt collectors today!
No comments:
Post a Comment