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Lifecycle of bad debts

Lifecycle of bad debts

Lifecycle of bad debts This is a timeline / lifecycle of bad debts that we see at Tempest. The work has been done, payment is due and now the debtor tries everything to get out of their obligation.Bad debts refers to the amount that cannot be recovered from the...
Unlocking Lost Debts

Unlocking Lost Debts

Unlocking Lost Debts We buy old debts, even debts that our clients have written off, and often succeed in making a satisfactory recovery. How? Well, there is some magic behind unlocking lost and old debts, what we do but it isn’t difficult magic to understand.  ...