What to do when the contractor does not pay?
The phenomenon of overdue payment is also one of the oldest phenomena in the trade between companies, business entities or natural persons providing services to each other.
How to recognize that your client is not paying because he has temporary difficulties and when to take radical action? The answer to this seemingly simple question is complicated. On the one hand, we have a reliable a client who can have a temporary crisis due to the fact that he himself hasn’t been paid. On the other hand, in turn, it may be the last chance to recover your money.
If you are too gentle and indulgent you can lose your money.
If you are too aggressive you can lose the contractor. In this part of the guide the question is which is better: ose a client or money?
Before you go to court with an unreliable payer or attempt to recover the money by a bailiff, there are several solutions at an earlier stage. Time is of paramount importance here as time is money.
The long period of bailiff recovery is in favor of the debtor. If he has bad intentions or during the execution process his financial situation deteriorates, each day you lose the chance of getting your money back. We have created a simple, cheap way of recovering unpaid receivables within the due date. It is the issuance of debts for sale on the Internet. It is a simple and transparent way to recover money. The question arises whether this makes sense? Well, it really does.
Independent issuance of receivables for sale with simultaneous notification of this fact to the debtor has gained quite a big resonance. The debtor sees himself with his debt on the Internet, after some time the debt is positioned on the Internet. Even if the debt has expired, it will be visible. That situation motivates the debtor to take action. Shame is a very strong stimulus. The debtor will reckon with the fact that for the next job he performs, someone clever who will repurchase his obligation, will also add interest to it and pay him with his own debt. Compensation is becoming more and more popular.
Our website www.dlugi.info is of help here. The unpaid invoice is the same commodity as other goods sold via the Internet. Issuing receivables for sale is an invitation to the transaction. You do not have to sell - it does not work as it is on other websites with the BUY NOW option. You can negotiate the price and you have the right to withdraw from these negotiations. Who can buy a claim? There are many situations in which a debt can be attractive, for example, for someone who knows your debtor's assets better. Then he buys the debt, usually at a discount, adds interest and settles with the debtor in the form of compensation. He does it to earn. Your unpaid loan becomes a settlement currency.
How to sell unpaid invoices?
2. Top up your account
3. Issue your receivables for sale*
*If you provide a phone number or e-mail to the debtor, we will notify him by SMS automatically.
Sometimes you have to wait for the buyer, sometimes the debtor will want to buy his debt through a friend.
The legality of such action, i.e. the will to sell claims, is confirmed by GIODO and UODO in accordance with the EU GDPR Directive. All studies on this subject are available in our tab.
A claim or debt, depending on the perspective we look at it from, means the following. If you have a claim, it means that someone owes you money. If you have a debt, it means that you have not repaid loans, bills, invoices, maintenance or other obligations. Overdue receivables are the same commodity as all other commercial goods. They can be put up for sale and traded.