- Resolving delinquent accounts requires an investment of time, talent, and resources in order to be effective. That means spending even more money trying to persuade debtors to pay on time.a
- The client has to consistently keep pace with the cyclical increase and decrease in delinquent accounts and economic ups and downs just to predict quarterly profits or loses.
- The debtor knows that your company is serious about collecting the outstanding debt
- Using a solicitor would take more time to recover the debt.
- Legal costs are high