Soft Collections

Soft collections are a term used to describe the collection of bad debt by means other than legal action. This process is implemented before legal action is instituted as a last effort to collect monies due quicker and at a lower cost.
Before the soft collection phase may commence it is often necessary to trace a debtor, Vermeulen Attorneys offer this additional service of tracing and we ensure that each matter handed over is vetted. The vetting process looks at the feasibility of the handover in focussing on the debtor’s means and credit record. This is an important tool and may prevent that the client unnecessarily wastes money in pursuing a debt which
Is not collectable.

 

Process:
A matter is normally in a soft collection phase for a month (30days) however, this is depending on the client’s preference. The following steps and tools are used in this phase:

Step 1

SMS sent to inform the debtor that he/she has been handed over

Step 2
Telephone call made to debtor to introduce ourselves and attempt to elicit a promise to pay (PTP)
Step 3
Email to confirm the conversation/arrangement.
Step 4
Acknowledgement of debt is drafted and sent to the debtor when applicable
Step 5
SMS before PTP date
Step 6
Email reminder of PTP date
Step 7
When payment is received into our trust account, payment will be made to client within 5 days;
Should a PTP not be made, a letter of demand will be sent via email and registered post and the matter will proceed to legal action.

Tools used during the soft collection phase:

 

 

1

Internal tracing

2

Internal debtor vetting

3

Credit listing / bad payment listing

4
SMS system
5
Telephone calls
6
Email
7
Letter of demand
8
Acknowledgement of debt
Vermeulen Attorneys
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Cindy-lee Payne
Cindy-lee Payne
2018-10-15T10:50:14+0000
would like to thank Kaylee and Cathleen for an awesome service. friendly and very professional. would definitely recommend their serviceread more
Chandre Greeff
Chandre Greeff
2018-01-22T17:54:57+0000
Geraldine Bruce
Geraldine Bruce
2018-01-21T14:46:21+0000
Mervyn recently assisted me in a case against one of the largest financial institutions. I had really run out of options and Mervyn's knowledge and expertise convinced me right away that he was the one I wanted on my side. Mervyn and his team worked tirelessly and professionally to conclude the matter and I am extremely grateful my 3 year nightmare is finally over. I would definitely recommend Vermeulen Attorneys.read more
Christopher Evans
Christopher Evans
2018-01-14T10:09:01+0000
I am very impressed with Mervyn's professionalism, and willingness to go the extra mile. Vermeulen Attorneys have really outdone themselves in assisting me in a very trying time.read more
Cathy Foster
Cathy Foster
2017-05-18T11:06:03+0000
I have been using Vermeulen attorneys for more than 3 years in my business. I have had nothing but excellent service and regular feedback on all my cases. I highly recommend them.read more
Liyana Van Heerden
Liyana Van Heerden
2017-04-05T12:58:04+0000
Excellent feedback and Results. Vermeulen Attorneys handle all our outstanding accounts and have always proven themselves worthy of settling payment in the shortest of time frames. Their rates is affordable from small to big operating companies. The give excellent feedback so you always know where your case is standing. Glad we started working with them as they are saving us a lot of trouble and money.read more
Rina Snyders
Rina Snyders
2016-09-14T07:57:34+0000
WOW! Vermeulen Attorneys is nothing short of AMAZING. They handled my case so professionally and made sure justice was served. I am so grateful to have a lawyer like Mervyn represent me. Thank you. Your work is exceptional.read more
Daniela Pucci
Daniela Pucci
2016-08-02T14:22:30+0000
Cannot thank Vermeulen Attorneys enough for the wonderful services delivered from start to end. Due to your attentive & professional advice received on the matter, this created a preferred environment for ones difficulties in any situation. Thank you! this ensured a we underwent kept every attribute to the situation.read more
Pieter Van Rooyen
Pieter Van Rooyen
2014-02-09T17:09:33+0000
Lorraine Sigasa
Lorraine Sigasa
2014-02-04T23:49:12+0000
Bianca van Heerden
Bianca van Heerden
2014-02-04T11:36:33+0000
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