End-to-end receivables management
Online pre-legal & legal collection
Purchase of debt portfolios
Debt purchase Debt purchase is often carried out after a specific period has passed and attempts to collect an outstanding amount haven’t been succesful. After this deadline, the default payment is considered as hard to recover and practically loses its original value. The default purchase procedure is usually implemented by specialised debt buyers, who offer a percentage of the debt amount to the original creditor and buy up his written-off debts.