CREDIT RECOVERY/DEBT COLLECTION
In the current socio-economic scenario, an increasing number of people are seeking the services of lawyers for credit recovery/debt collection procedures.
This is true both for companies and private citizens. Delays in invoice payments and insolvency can put at risk the future of a company: profit decreases and daily management becomes more challenging due to the need for bank loans.
Therefore, it is difficult to comply with the commitments towards suppliers, employees and investors.
Private citizens can experience the same distress in cases of failed payment. A tenant who refuses to pay rent or an ex-partner that fails to pay alimony can significantly impact the family budget.
At the same time, obtaining a loan is increasingly difficult and costly due to the guarantees requested by the banks, the costs and the interests of these operations. In this context, credit recovery/debt collection gains a greater importance both for companies and for private citizens and it is becoming one of the most frequently asked services. For this reason, we believe that a special attention needs to be paid to the management of credit recovery/debt collection procedures.
