Troubled indebtedness collection
- The pre-trial stage of debt collection.
- Forced debt collection: judicial and enforcement proceedings.
Debt recovery has traditionally been a topical issue for many financial institutions.
However, this process is very complicated because of many different reasons for having both objective and subjective nature. The reason of non-payment in one case can be very objective circumstances, in the other – just unwillingness to pay. Thus, the question of debt recovery, before moving into the relationship of the plaintiff and defendant in court are often resolved at other levels (personal, ethical, strategic, etc.).