Debt Collection In South Africa Delaying Tactics By Debtors Attorneys

As a result of the effective debt repayment tactics created and implemented by debtor attorneys, Ivan Zartz, an effective and successful debt collection and recovery attorney, points out that during the one to three year ‘delayed period’ the creditor company has often had to close its doors, while the creditor waits for the usually huge amount of debt to be paid back. Often the debt is eventually written off as it has and will never be paid back to the creditor by the debtor. In cases where the debtor’s attorney’s delaying payment tactics have been successful, the company that was sued was liquidated. Over and above this there is the issue obtaining the necessary finance to continue paying the costs of continued litigation.

It is a well-known and documented fact that executive financial managers as well as company financial advisors and credit controllers of small, medium and large businesses or companies are fed up with attorneys sending accounts to the respective creditors for postages and petties and where the communication regarding the situation continues on a nonstop basis, while the account stays as an unpaid debt. The only person receiving any advantage from this set of circumstances is the debtor who has yet again prevented an additional action being placed against them. What often happens is that due to the costs being so excessive the debt it cancelled and logged by the affected company as a financial bad debt. The related attorney is then requested to stop pursuing the debt collection matter on behalf of the creditor and the case is then closed by the debt collector attorney.

Due to the above circumstances it is now common practice for companies who are owed money by their debtors not to involve or employ the services of a debt collection expert or attorney or company as debt collectors to retrieve the money owed to them by their debtors. This is done mainly as a result of the limitless charges that have to be paid back to the instructing attorney. Fully aware of the above circumstances Ivan Zartz and his team of legally qualified debt collectors have created and implemented the most effective methods to collect debts. Ivan Zartz and his team of experienced debt collection experts are well known for their no nonsense approach when tackling the difficult task of debt recovery from non-paying debtors. Gone are the days where debt collection has been performed in a civil and friendly way as these previously accepted ways of collecting debt no longer work or apply to the debt owing public in South Africa.

Visit http://ivanzartzattorneys.co.za/debt-collection/ to contact him and his attorneys in Johannesburg to solve your debt collection recovery matters.

To learn more about the legal assistance provided by attorney Ivan Zartz in Johannesburg concerning debt collection and debt recovery visit this link Debt Collection Recovery Collectors South Africa.