Debt Collection and Legal Process
Bad debt is a serious matter for any company. It has been known to ruin otherwise successful concerns.
Legal process in debt collection1-day training
Program overview
Bad debt is a serious matter for any company. It has been known to ruin otherwise successful concerns. However, it is essential to ensure that your debt collection activities result in payment of the outstanding amounts, without damaging your customer relations. This intensive 1-day training course will enable you to understand the laws governing debt collection. Learning of legal action norms and timing is also included.
Training objectives & outline
Objectives:
Legal considerations in debt collection
The legal action threshold
Understand debt collection laws
Examples of various legal situations
Identify potential risk
ROI
Training module 1:
Key Legal Aspects of Credit Management and Debt Recovery
What to Do Before Litigation
Contents of Letter of Demand
Factors to Consider Before Suing
Preparation for Suing
Preparation for Trial……
Administrative details
Who should attend
Executives and managers
Methodology
Highly Interactive Session, with a bilateral approach to the subject matter allowing participants to share incidences at respective work locations.
Real-current problematic debt cases will be analyzed and scenario solutions will be discussed within the workshop
Case Study & Group Discussion
Group presentation
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