Purchase of debts is an opportunity to entrust debt recovery concerns to professionals in this field. This method of debt recovery is often chosen when the customer is in relatively dire need of money and an agreement cannot be reached with the debtor. By selling the debt to us, you will be able to recover the money owed to you so much faster: all you have to do is submit the debt documents and sign the deed of transfer of debt (or debts). We can ensure that you get your money back as quickly as possible, and we can offer you the most appropriate payment method.
Purchase of debt with immediate settlement
If the customer seeks to recover the debtor's money as soon as possible, we can offer the purchase of debts with immediate payment for them. With this option of selling debts, you will no longer have any legal relationship with the debtor, so all of your troubles will finally be forgotten. As soon as the offer for the sale of the debt is approved, the customer will be paid the amount of money stipulated in the contract within the specified term (no additional fees will apply).
Purchase of debt with deferred payment of the agreed price
We also offer to sell the debt to us and obtain the agreed sale price of the debt when the debt is recovered in whole or in part. First, the offer for the sale of the debt is approved and pre-trial and judicial recovery of the debt is carried out at the agreed price. The customer does not need to take care of any legal formalities – he or she can monitor the debt recovery process by logging in to the eskolos.lt user area. The recovery of the debt is carried out without any upfront fees – the agreed price will be paid when the debt is recovered in whole or in part.
When can debts be purchased immediately?
Although the purchase of debts with immediate settlement always seems to be a much more advantageous option, it is important to know that such an offer may not be made in all cases:
The sale of debts with immediate settlement is possible where there is no doubt as to the validity of the recovery, sufficient documentation is provided to prove the validity of the debt. The sale of debts with immediate settlement with customers may be offered in cases where the recovery of the debt is not related to the customer's person (debt recovery is related to the customer's person, where the debtor has to compensate him or her directly for non-pecuniary damage, pay the customer the cost of maintaining the child or another person, etc.). It is also important to know that the sale of the debt with immediate settlement is possible when the debtor's legal or financial condition is not hopeless (when assessing the debtor's solvency and other criteria, we must expect that the debt or part of it will be recovered in the future);
The purchase of debts with a deferral of payment can be offered when we can take over the right of claim, sufficient documents are provided to prove the validity of the debt, but the legal or financial condition of the debtor does not meet our requirements (the customer is insolvent, etc.) Also, such a debt purchase option can be offered also if the customer did not like the offer of immediate settlement.
If, due to certain circumstances, we cannot purchase the debt, we can offer the customer a contract of legal services and recover the debt on behalf of the customer for a certain percentage of success. Contact us now, and we will give you the most favourable offer!