A Commercial debt is any debt owed by a commercial venture or business.
Because most troubled companies lack the resources to pay everyone, they usually prioritize vendors who are relentless in soliciting the funds owed to them. We have found this to be an effective approach in commercial debt collection, and as such, it is one that we employ with the information that we retrieve.
Consumer debt consists of personal debts that are owed as a result of purchasing goods
ICMS recognizes that we achieve success in consumer debt collection when we engage in persistent personal intervention. There are a number of successful methods which our highly trained staff combines with state of the art technology, to achieve the desired results of unmatched consumer debt collection.
A debt incurred by individuals due to health care costs and related expenses.
ICMS has been successful in the collection of Medical debts. We believe that this kind of debt collection requires a meticulous approach, and have been successful in aiding numerous clients to recover their medical bad debts. We have motivated delinquent persons to repay funds they owe to medical facilities. This is done while ensuring that the debtors have a full understanding of your determination to be recompensed for the care you provide to them, and the right you have to employ every ethical and legal means necessary.
Past Dues Invoices
The longer a client doesn’t pay an invoice, the less likely they’ll pay at all.
International Credit Management Solutions ensures that past due invoices are collected by adamantly compelling the debtor, until the debtor reaches a full settlement or puts forward a believable, and practical payment plan. This approach is taken with both Commercial and Consumer Collections, and is intended to ensure your complete compensation.
A cheque that cannot be processed because the account holder has insufficient funds.
The practice of using bad cheques adds absolutely no value to your business and is a waste of your time and resources. At International Credit Management Solutions ICMS, we collect these overdue cheques on a contingency basis for a percentage.
A judgement debt is when a defendant (judgement debtor) has been judged to owe that debt by a court.
A judgment creditor is a party to which a debt is owed that has proved the debt in a legal proceeding and that is entitled to use judicial process to collect the debt.
When a judgement is entered against a debtor, our team will utilize strong tools in order to collect the debt on your behalf.
One of the aims of ICMS is to provide our clients with the convenience of overseas debt recovery.
Our ability to successfully collect is boosted by the presence of an overseas alliance of debt collection agencies and law firms. They specialize in ensuring that debt collection is successfully carried out. With International Credit Management Solutions, international debt collection is possible.