Money makes the world go round, or so the saying goes. It is not exactly true in most cases, but we can agree that when it comes to businesses, it should at least be considered as one of the most, if not the most consequential aspect of the business.
Needless to say, your money concerns are our concerns. At NK Debt Collectors we are obsessed with the challenge of recovering money for our clients nationwide. We ensure immediate same day action on all accounts referred for collection to avoid timely delays, as the Prescription Law, clearly states, that you only have 3 years to collect debt, before it is prescribed and can no longer be claimed.
We help you save time, hassles, resources, and money. Attorney costs, are extremely expensive, charging for each individual action taken against the debtor, that you need to pay, before you see any recovery of the debt. Therefor we have a set instruction fee, to ensure that your Legal cost to recover the money is fixed.
We recommend that optimal time to hand over debtors for collection is between 60 to 90 days, depending on your terms and conditions of doing business. It is important to note that bad payers slow down your companies collection process down and decreases cash flow.
The table below emphasizes the importance of acting fast and efficiently on prospective bad accounts, to minimize the risk of losing capital.
With some forms of debt, there are certain legal requirements that must be followed in terms of the NCA (National Credit Act) & the Magistrate’s court act, before legal action can be instituted. As the NCA and Consumer Protection Act are such complex legislation, these are best dealt with by a professional Collector.
Our low risk collection strategy is a perfect match for you if you want to get the job done with the least possible hassles and cost to you.
We personalise our services to suit your needs, no matter how big or small.
Our specialist debt collection service offers you peace of mind in an otherwise tricky situation.
If you want personalised service, attention to detail and to resolve outstanding debtor accounts, without damaging important business relationships, and wasting money, time and resources, then you should call us now for an obligation-free consultation.
The services we offer
Terms of Trade