Our dedicated legal team will review your current credit documentation including your existing credit application forms, terms and conditions, guarantees, security, charge, proper legal identity of debtor, samples of headed paper and other receivables management documentation to ensure it complies with existing legal requirements. This would allow a smooth collection process to commence should the need arise.
There have been a number of important new pieces of legislation and regulation that may require you to update your existing receivables management documentation. Our team can also review your policies and procedures in this area to ensure compliance with legislative and regulatory requirements. We refer to this as practicing “preventative credit control” so that the debt problem either does not occur or that all the necessary tools are in place for the effective collection of the debt should it occur.