Debt Collection

In today’s economy, debt collection has become a necessary expense for the financial liquidity of any business. There are, unfortunately, individuals or businesses that for various reasons fail to punctually honour their payments and who outright fall into arrears in paying their dues. From our extensive experience, a bad debt, if not confronted, can spiral out of control in a very short period of time. Writing off bad debt is not ideal for the profitability of a business.

Our team is very efficient and deliberate when it comes to debt collection. We apply a time-efficient, no-nonsense way of collecting outstanding debts.

At Modisane Law we implement the 3 Step Debt Collection Process. This involves a Courtesy Call to the debtors to curb legal costs and giving one an opportunity to pay immediately, a demand letter and finally litigation should payment fail to be made within the specified timelines.