Debt monitoring: not paid, but not forgotten.

Your customer had an invoice outstanding with your company for a long time. You sent a reminder, another reminder, a reminder, but to no avail. After many attempts to get your money back, you decided to enter the legal collection procedure.

In other words, off to court because you are entitled to your money. The judge has looked closely at the case and passed judgment. The court has ruled in your favor: your client still has to pay the outstanding amount. Plus any additional legal fees. But there is a problem … Your client is currently unable to pay. But you are still entitled to your money. Going after it yourself costs you a lot of time and energy, and you don’t know when your client will have the money to pay. In that case debt monitoring is recommended.

How does debt monitoring work?

To make sure you get your money back, we include the claim in our debt monitoring. Of course, your client may not be able to pay today, but can pay next month or next year. We will keep an eye out for new information about your client over the next few years. If this is the case, we take immediate action. For proper debt monitoring, we use various reliable sources. For example, we actively monitor whether anything changes in your client’s income pattern or address details. Think of it as a monitoring system that makes sure you stay on top of all relevant information.

In addition, how does our debt monitoring work? Our bailiffs make an annual personal visit to your client to see how things are going, and whether any money is available in the meantime to pay the outstanding amount. If so, the amount is collected immediately by our bailiffs. That gives you more peace of mind and certainty of payment.