Internal debt recovery processes are often slow moving and demand higher investments in terms of time, effort and logistics. This is often a reason why businesses leave money on the table and decide against pursuing smaller debts.
We know from our experience that debtors who receive a letter of demand from an experienced law firm are far more likely to respond, resulting in higher traction and significantly faster recovery times.
The Paywatch system enables you to send a demand letter to your debtor in one click and we take care of everything else! Havilah Legal sends a legal letter of demand on your behalf, advising that the outstanding account must be finalised within 7 days or it may be pursued by legal action to recover the amount.
THE DEBT RECOVERY PROCESS
INITIAL REMINDER LETTER
Contain your debt situation as early as you can. Generate and send highly effective reminder letters to your newly overdue accounts and prevent them from turning inactive. All of this is provided at NO CHARGE!
SOLICITOR BACKED LETTER OF DEMAND
Opt for a legally binding Letter of Demand to your unresponsive debtors. Havilah Legal will send these on your behalf for a fixed fee, advising them to pay the dues within 7 days to avoid any legal action.
DELIVER THE LETTER OF DEMAND
Make the Letter of Demand more effective. Engage Paywatch to deliver the Letter of Demand in person by an experienced agent.
TRACK OVERDUE ACCOUNTS
Leverage the Paywatch Online Dashboard to know how the overdue accounts are performing – anytime and anywhere! Be informed of all actions and updates with automated email updates.
PERSONALISED COLLECT CALLS
Authorize the experienced team at Havilah Legal to pursue unresponsive debtor accounts with collect calls on your behalf (*charges and conditions apply).
COMMENCE LEGAL PROCEEDINGS
Initiate recovery proceedings on unresponsive accounts by leveraging the opportunity to introduce an early solicitor intervention. Our experts at Havilah Legal will initiate the process by preparing a Legal Claim.
The debt recovery process culminates in allowing the debtor to choose the following payment options:
Pay the debt in full
Negotiate an acceptable agreement with the creditor
File a legal defence disputing the debt
3 OPTIONS FOR FASTER PAYBACK
Paywatch generates highly effective legal letters of demand from leading law firm Havilah Legal. Register (for FREE) and pay only when you order any of the debt recovery options.