A Guide to Bad Debt Recovery Process
What is Bad Debt Recovery? When the payment received for a loan cannot be collected, it can be called a bad debt. Every organization or business goes through unpaid customer accounts, where they cannot collect
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Laws that govern debt recovery in India
Debt recovery is a crucial aspect of the financial sector and is governed by a set of laws in India. These laws aim to provide a structured process for creditors to recover their outstanding debts
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5 Transformational Debt Collection Technology
Debt collection is an essential aspect of the financial industry that has undergone a revolution through technology. In the past few years, banks and non-banking financial companies (NBFCs) have significantly shifted toward digitalization and automation.
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Tips for Accounts Receivable Recovery
Accounts Receivable Recovery is the process of collecting payment from customers who have purchased goods or services on credit. This process is an essential aspect of managing a business’s finances. It involves ensuring that customers
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A Guide to Money Recovery from Debtors in India
If you have sold something to a customer or a client, and the payment is getting delayed, then it is time to act. You cannot resolve the matter without taking action that might put the
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Factors That Make Attorneys Effective at Collecting Debts
No matter what business you’re in, if you sell a service or product, you’re going to run across customers that don’t pay. It’s probably the worst part about running your own company, except for actually
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