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Debt Recovery Solution

Debt Recovery Solution

Property Management law firms are leveraging market led technology and legal compliance to improve service levels and debt recovery rates. The more successful among them have achieved 100% recovery of service charge arrears and ground rent by combining their understanding of the local market with back office processing.

Contrary to what many might think, the $12 billion debt recovery industry has shared the pain that has resulted from historically high rates of foreclosures, bankruptcy, and job losses. In contrast to good times—when consumers may be late with payments but still have the means to pay—difficult times mean that many people simply can’t pay their bills and debt collections suffer. This new reality for the collections industry has led to consolidation and a renewed focus on achieving operational efficiency in order to maintain profitability despite diminishing margins.

Download our Debt Recovery Solution Brochure to understand how HCL delivers efficient back office services with effective legal compliance.
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We will treat any information you submit with us as confidential. Please read our privacy statement for additional information.

We will treat any information you submit with us as confidential. Please read our privacy statement for additional information.