At Debt Collection Help, we have benchmarked the following (2) strategies in order to maximise recovery of your debt.
If your debt is over 90 days we recommend you commence with Rapid Debt Recovery.
RAPID DEBT RECOVERY:
Day 1: Final Demand Letter
Day 8: Legal Letter of Demand
Day 10: Court Action filed or Legal Action under Security of Payment Act
STANDARD DEBT RECOVERY:
Day 1: First Letter of Demand
Day 8: Second Letter of Demand
Day 15: Legal Demand
Day 21: File Statement of Claim