We also provide complete debt recovery solutions with proactive legal actions. DSNR focuses on strategically timed legal intervention based on ageing of the delinquent account with emphasis on following due process of law, adhering to all judicial, regulatory and statutory guidelines.
DSNRPS integrates collection, analytics and legal action for debt collection, which includes traditional collection methods such as tele-calling, field visits along with legal interventions such as arbitration, execution of awards/decrees, enforcement of section 17 orders through court, bankruptcy proceedings, mediation, civil suits, criminal proceedings, etc
Selection of legal interventions are based on the ageing of the debt, data analytics, feedback on solvency, availability of the defaulter coupled with different strategies for mortgage, home equity, auto loan, SME etc.
DSNRPS process effectively avoids scope for conventional blame game between the collection and legal personnel engaged in recovery. Debt collection through legal intervention ensures a definite increase in terms of resolution of accounts and the percentage of debt recovery as compared to traditional debt collection processes and an improved TAT.