The Best Debt Collection Company in Singapore. ‘No Collect – No Charge’ service, our team in Singapore provides fast and easy debt recovery solutions

1. Collect Debt With Professionals
Are you running a money lending company? Are you not able to collect all the debts from all the
defaulters? Then you must need to contact with some Singapore Debt Collection Service and
collect you long pending debts. There are various debt collecting agencies all over the world and
they have professionals to provide all types of required services. Here you can ask that why you
need the help of such professionals? In reply to your query, it can be said that there may be some
defaulter who are habituated in non-payment of debts that they have taken. Again, there may be
such a critical situation when sometimes debtors cannot pay the debt. Hence there need proper
investigation of these issues and depending on such investigation steps can be taken to get back
the money.
Here we can take a look on the various services that these companies will provide various
services.
ï?~ At first the debt recovering agency must provide appropriate identification to the defaulter
debtors before initiating the debt assortment procedure.
In all the documents it must be investigated whether the name used by the debtors are original or
not.
A letter of demand needs to be sent to the debtor subsequent to the primary preface and here the
debt collecting agency must mention the correct due amount
The debtors who are actually in trouble must be given a reasonable time to repay the debt
At last, when the debtors do not show any awareness to reimburse the debt than these Singapore
Debt Collection Service can file a legal suit against these debtors.
How to follow a fair practice
All the agencies for debt collection Singapore must follow a fair practice to collect the debt. Here
we can describe these practices as follows:
The agencies should inform the debtors only in office hours. The debt collection agencies must
not get in touch with with any debtor after 9 pm and before 8 am.
The debt collection agency has no right to stop the communication of the consumers devoid of
making preceding request to the debtors
The debt collectors should not be involved in any kind of irritating or rude actions with the
debtors
There should not be at all any fake representation for collecting the debts

2. The communication process with the consumers should be done only after demand has been sent
for verification
These are above practices which must be followed by every debt collecting agencies.