There are ways of locating a missing debtor. Most recovery agencies have several debt collection tactics they use to recover debt more efficiently and overcome common payment issues. One of those tactics is called skip tracing.
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In over 25 years in the field of debt recovery in Nigeria, I have found that the most difficult debts to recover are consumer or individual-owned debts. Recovering money owed by a limited liability company is not too difficult if the company is still doing business. All it takes, usually, is getting the company name […]
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We see this scenario all too often – were marked “net 30 days” and, for the entire shale boom, they were always paid timely or at least within the next month. But now your customers are asking for net 60, 90, even 120 day schedules, which your company simply cannot float. This is the reality […]
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