The experience in debt recovery of SIA GelvoraSergel shows that up to 85% of debts can be recovered by extra-judicial proceedings.
Our professional and knowledgeable debt recovery specialists ensure quick recovery of debts, at the same time ensuring responsive attitude to the debtor and providing a sustainable relationship between the creditor and debtor.
All the offered services are provided according to the Law on Extrajudicial Recovery of Debt and Personal Data Protection Law, as well as the regulations of the Latvian Extrajudicial Debt Collector Association (LĀPPA) and the internal code of ethics of SIA GelvoraSergel.
Extrajudicial recovery of debts and monitoring or encashment
- A cooperation agreement is signed;
- The client prepares and sends a debt recovery application in electronic format;
- The debtors indicated in the application are entered into the debt processing system not later than within one working day;
- Within one working day after the debtors have been entered into the system, the debt recovery process is initiated and includes the following: