Accounts

Account Factors

Sequel Corporate Services Pvt Ltds also has a unique way of handling inactive and untraceable accounts.

We take into consideration the following factors in assessing accounts:

Age of Debt

As a basic rule, the older the debt, the more difficult and expensive it is to recover.

Evidence of Debt

The original documentation or proof of debt may be required.

Source of Debt

The underwriting standard of the original issuer will determine the level of recovery.

Location

The geographical location of the delinquent may affect recovery.

Accounts History

As soon as internal staff has exhausted their resources in actively pursuing accounts, it is time to outsource to us.

Account Collectability Chart

The length of time a debt has remained uncollected is the most important factor in determining the success of collection. Therefore, proactive measures should be taken to recover the debt.

Research has shown that proactive action in debt management delivers better returns. A debt left uncollected for a long period reduces the possibility of successful collection.

With this understanding, Sequel Corporate Services Pvt Ltds’ staff act promptly after receiving instructions from clients.

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