ADEM – Management and Credit Recovery Ltd provides credit recovery service in an Outsourcing logic. Partners hire us to manage portfolios / processes belonging to them for a certain period of time, usually between 90 and 120 days, after which, we return what we can not recover.
The priority is to reach an friendly solution (extra-judicial) with debtors. It is beneficial for both parties to resolve the situation as soon as possible, to the debtor dragging the situation means increased expenses due to legal costs and interest, the lender also loses because the value of these assets decreases with time.
The aim is always to understand the debtor’s situation and why he has defaulted, in order to present solutions which aim to achieve debt resolutions.