Debt & debt recovery
Management and recovery of debts
Bad debts and delayed payments are a drag on business performance and keeping cash flowing into the business is a challenge for many small companies. With an increased focus on managing costs, you need to efficiently find debtors and collect from those most likely to pay.
With the help of Allianz Legal Online you can successfully chase overdue invoices or make arrangements to manage your own business debt, including:
- letters to chase debts
- letter before taking action
- fast track debt collection
- promissory notes
- assignment of debts
- power of attorney to collect debts.