Experienced Debt Collection
Our Debt Collection Approach
CL Lourens Attorneys has proven to be one of the most effective debt collection attorneys in South Africa over the years.
We comprehend how debtors operate. We recognize that debtors do not pay for one of two causes. They either can’t or won’t. We rapidly determine which category they belong in and tailor our approach accordingly.
We take an aggressive approach to debt collection when required to ensure that our clients are paid first. We also have extensive
understanding of litigation strategies and processes to guarantee that your case moves through the Court system quickly and efficiently.
Debt Recovery Strategies
A consistent and dependable cash flow is the foundation of any operating company. Customers will, on occasion, fail to pay on time for a variety of reasons that are typically beyond the creditors’ control. We understand this and are committed to assisting creditors in recovering outstanding debts and enforcing security options as swiftly and efficiently as feasible.
The best method to collect accounts receivable is to keep the debts as short as possible. While that may appear overly simplistic, the best
way to ensure debtors pay is to have strong agreed-upon conditions of trade/engagement.
The finest terms and conditions, for example, will include:
- The ability to recover debt collection and/or attorney costs if incurred to collect an outstanding debt.
- Interest on any outstanding debt.
- A security in assets or property supplied (if applicable).
- A personal guarantee from the director of the debtor (if achievable)
THE FUTURE YOU DESERVE
BEGINS HERE
Debt Collection: What We Do:
- Providing pragmatic strategic advice from the outset.
- Writing the letters of demand.
- Drafting and filing court proceedings.
- Determining the best strategic option for enforcing security.
- Enforcement of guarantees.