Lenders

Is it worth cooperating with debt collectors?

Czy warto współpracować z windykatorami?

The debt may get to a debt collection company whose employees will try to recover it. Is it worth working with debt collectors then?

Loan, loan, bills of various types – if we repay them on time, there is no problem. However, difficulties begin when we do not regulate them systematically, and thus the unpaid debt arises.

Establishment of unpaid debt

Establishment of unpaid debt

If we have such debts, the creditor, for example a lender or a mobile operator, will contact us. The contact is made mainly by post, but it can also be by phone and will consist in reminding us that the repayment period has passed and we should settle the obligation. At the same time interest for late payment will start to be charged.

In correspondence, we find the date to which we must settle the obligation. It happens that the creditor sets two or three terms in turn. Usually, when after about 2 months the debtor fails to pay his obligation, the case is directed to the debt collection agency. We often learn from correspondence that debt can be transferred to it.

Amicable debt collection

Amicable debt collection

Collecting companies most often deal with so-called amicable or soft debt recovery. These are actions aimed at informing the debtor that he has unpaid indebtedness as well as persuading him to regulate it.

Amicable debt collection has nothing to do with the debt collection execution – often these procedures are confused with each other, but it is worth remembering that the debt collector does not have such powers as the debt collector. He can not take over the debtor’s property, nor can he collect payments from his salary or savings. It is also worth pointing out that the debt collector can not threaten the debtor and harass him – in which case we have the right to call the police.

The most common amicable debt collection takes place:

The most common amicable debt collection takes place:

  • by correspondence – the debtor receives a letter about the fact that he has a debt and should pay it back, in the letter you can also find information about the consequences of non-payment, that is, referral to the court, and then the execution of bailiffs
  • by phone – the debt collector calls the debtor to remind him of repayment
  • in person – the debt collector can come personally to the home or to the debtor’s workplace
  • by e-mail – more and more often debt collectors also contact debtors via e-mail, for example via e-mail

Thus, debt collection companies use different methods to contact the debtor and persuade him to settle the obligation. Is it worth taking advantage of these proposals then?

Essentially, this is the best solution, taking into account the fact that we can then pay off debt on our own terms. When the case goes to the bailiff, we can not negotiate and the bailiff will be able to take on the salary, savings and the debtor’s property. The creditor also has the opportunity to indicate which assets of the debtor the execution is to be carried out.

If we decide to cooperate with the debt collector, then we can agree a repayment schedule with it, and thus we can also choose the amount of installments and the repayment date, which will be the most advantageous for us.