Debt recovery. Is it worth following the "I’ll do it myself" principle?
In cases of having debtors, executives are intimidated not only by a possible disruption of the creditor's company, but also by another type of headache – the necessity to make a decision whether to recover the debt from their own resources or to seek professional help.
We recover debts arising from outstanding bills, debt notes, contracts and agreements. We can help you if your employer does not settle in time and does not pay your salary. We will also help you recover your debt if your customers do not fulfil their obligations to pay invoices for services, works or goods.
What kind of debt evidence (documents) you should have in order to get a debt recovery offer?
You need a valid debt document that justifies the amount of the debt you want to recover. These include: contract, VAT invoice, debt note, court order, etc. The most important thing is that the document is valid. We also recover the debt if you only have correspondence in which the debtor acknowledges that he owes you, or you have a bank transfer order that makes the debtor liable to settle with you. If you do not have a debt document or if it is not valid, you can use the debt document templates on www.eskolos.lt. In this way, you will have a debt document in the future that meets the requirements of the law and you will be able to apply for debt recovery.
What does the debt sale mean?
You can sell to us the debt you want to recover and your will have no legal relationship with the debtor any longer! Once the debt sale offer has been approved, you will be paid the amount of money immediately, and no additional charges will apply.
What does it mean to sell a debt with a postponed payment of the agreed price?
After you have accepted the offer for sale of the debt with a postponed payment of the agreed price, we will execute the pre-trial and judicial debt recovery for the agreed price. In addition, you will not have to worry - you will be able to monitor the debt recovery process by logging in to the Eskolos.lt user area. Debt recovery takes place without any advance or additional fees, and the agreed price will be paid to you after recovery of all or part of the debt from the debtor.
What do the terms of the offer depend on?
We fully assess the debtor's solvency and provide you with adequate terms for the debt sale. The terms of the debt sale depend on the solvency of your debtor.
