Welcome to M J CREDIT MANAGEMENT

Welcome to M J CREDIT MANAGEMENT (PRIVATE) LIMITED

Many business and individuals undertake credit management process and systems to improve revenues and profit by facilitating sales and reducing financial risks.
However many have difficulties in one of the most important aspects of credit management; “DEBT RECOVERY”
We Specialize in Debt Recovery

Our Services to Financial Sector

Our Key Considerations in providing debt recovery services.

Cost effectiveness

Speed

High Level Oversight by Industry leading lawyers

Maintaining Trust

Process

Debt Profiling

Review of documentation including Borrower’s application and initial documentation
Research on public data if available.
Review follow up actions completed
Review Borrower’s attitude and responsiveness

Selection of appropriate Legal Option

If Pre- Legal Recovery campaign fails we will take legal actions as mentioned below
Preparatory steps : Specially drafted Letter of Demand, and follow up work as may be needed.
Magistrate Court Actions – dishonored cheques (Most Cost- Effective)
Civil Suits (Under Debt Recovery Act or summary procedure on cheques)
Winding up options (for corporate debtors)

Litigation or Other recovery measures

Recovery problems are settled through call campaigns and site visits to where the debtors reside.
We have a separate recovery team to track down Debtors to where they reside
Our recovery team consist of Experienced recovery officers & Energetic youth