Bad Debt Recoveries Through Litigation
In addition to helping you recover all debt from your customers, we assist you with the litigation process as well.
Delinquent and unpaid customer accounts are an unavoidable part of doing business. Uncollected debt is considered a bad debt if you’re unable to collect it.
Collection efforts will fail at times, but bad debt recovery can result in someone receiving payment on an account that was previously deemed uncollectible. Litigation is used to recover bad debts. Bad debts are recovered through litigation. Borrowers’ collateral is sometimes sold to cover the loan.
Business owners can find it difficult and time-consuming to recover bad debts, but it can help lenders regain lost income.
Bad debts occur when you cannot collect money from someone owing you money. Most businesses end up writing off bad debts due to the difficulty of collecting them.
