Sometimes we find ourselves in a situation where debts are not returned to us. If the credibility of the debtor has disappeared, and the process of recovering the debt threatens to turn into infinity, you can try to collect your funds in court. But this is often a long procedure. Can a credit institution or a private person collect a debt without a trial? In some cases, in case of pre-trial debt collection, contacting a collection agency will help.
Instructions
Step 1
An increase in the loan portfolios of banking institutions leads to an increase in loans unpaid by borrowers. In modern conditions, banks often practice transferring problem debts to specialized institutions - collection agencies.
Step 2
Basically, the services of collectors are used by legal entities with a significant amount of overdue debts. These are banks and consumer credit cooperatives of citizens, telecom operators, Internet providers, housing and communal services organizations, and insurance companies.
Step 3
The essence of the activities of collection agencies is the "conveyor" collection of debts. Large amounts of debt of the same type are best suited for servicing. Most of the collectors work without prepayment, so the agencies are interested in the constant receipt of new portfolios of debt, which eliminates the interruption in the collection process.
Step 4
A separate area of activity of specialized debt collection agencies is factoring, leasing and investment companies. Here we are usually talking about one-time collection of large sums. It is also from the fields of activity of collectors - the collection of receivables between legal entities and individual entrepreneurs.
Step 5
Gradually, in the public consciousness, the image of a debt collector in the form of a thug with an overheated soldering iron is erased. Collection agencies actively cooperate with the media in order to increase the financial and legal literacy of the population. A modern collector is a man or woman in a strict suit with a higher legal education, competent speech and persuasion skills.
Step 6
The activities of collection agencies include extrajudicial and judicial stages, as well as support for enforcement proceedings. At the out-of-court stage, the agency's employees convince the debtor to pay off the debt voluntarily. Tools for such work with the debtor: telephone conversation, correspondence, visits (if necessary).
Step 7
As a rule, when collecting debts from individuals in the credit sector, the main reasons for non-repayment are found out: usually a person overestimates his financial capabilities to repay a debt, or his life circumstances change dramatically. Outright fraud also occurs. Non-repayment of debts by legal entities and individual entrepreneurs is usually associated with unforeseen financial difficulties or low payment discipline. In any case, contacting a collection agency can lead to a positive result and return the debt without going to the courts.
