It is important to remember that
Posted: Wed Jan 22, 2025 9:32 am
For example, an insurance company may compensate a creditor for damages if the debtor simply missed a payment deadline, or only if he filed for bankruptcy. There is also a general insurance service, when an organization insures itself against any losses within the framework of one large contract with an insurer. The terms of such an agreement are also negotiated individually.
even with a policy, it may not be easy to receive a payment. Sale. vietnam telegram mobile phone number list If the creditor urgently needs money or does not want to waste time and resources on litigation, the accounts receivable can be sold to a third party. This could be a collection agency, a factoring company, or even an individual.
In this case, all parties to the transaction - the creditor, the debtor and the debt buyer - sign a special agreement - a cession. As a result, the creditor company receives a one-time payment, most often less than the actual debt. The debtor will pay the debt buyer. It is also possible to sell accounts receivable through factoring - payment with a deferred payment.
even with a policy, it may not be easy to receive a payment. Sale. vietnam telegram mobile phone number list If the creditor urgently needs money or does not want to waste time and resources on litigation, the accounts receivable can be sold to a third party. This could be a collection agency, a factoring company, or even an individual.
In this case, all parties to the transaction - the creditor, the debtor and the debt buyer - sign a special agreement - a cession. As a result, the creditor company receives a one-time payment, most often less than the actual debt. The debtor will pay the debt buyer. It is also possible to sell accounts receivable through factoring - payment with a deferred payment.