ecollect
About us
Products

Invoice2Cash
End-to-end receivables management

Debt Collection
Online pre-legal & legal collection

Debt Purchase
Purchase of debt portfolios

Industries
Sign In

Tagged with: debt problems


  • Debt problem

    Debt problem All types of issues connected with past-due payment situations are debt problems. These problems occur when a consumer or a business debtor falls behind with their regular monetary transactions towards the creditor. In such case, the lender has the legal right to request payment from the subject of debt, hire a debt collection agency to act on their behalf and charge the second party (borrower) late-payment fees. An overdue liability usually derives either from the financial inability of the debtor to cover the debt terms (due to income decrease, i.

  • Debt problems

    Debt problems In the financial sphere debt problems are usually connected to the inability of a subject to pay off their debt. Such issues derive from the fact that certain monetary obligations have not been made in time, and the deadline date has already passed. In this case the invoices becomes overdue and the subject- a debtor. These defaults are also well-known as bad debts. When a late payment appears, a debt collection agency is usually hired to solve the issues with outstanding and past-due payments.

X

Talk to our representative:

+41 41 5880718
+49 201 99950250
+43 720 30367530
+44 203 6957801
Email Icon

You can also email us: sales@ecollect.net

ecollect
    Support Legal Privacy Policy Terms and Conditions
United Kingdom
globe International Deutschland United Kingdom Österreich Schweiz България

2014 - 2020 eCollect • All rights Reserved