Money rolls in business from the start to the end and there comes a time when good debts turn to bad debts. But how can you classify bad debts as not every amount that is not paid is bad debts. Unfortunately, Indian companies need to run from pillar to post to recover unpaid loans from supplies, individuals, and buyers. Funding a single solution for such matters is tough as experts need to screen a wide range of issues before initiating a legal step.
We holistically analyse the smallest details related to business transactions:
- Contract
- Communication through email
- Tenure of debt
- Final communication
- Nature of such communications
- Types of transaction
- Quantity or quality issues
- Cycle of business
- Financial condition of the debtor
- Deciding strategies to know which legal action to initiate in specific cases
- We employ the best legal strategies to ensure that it produces the best outcome