Singapore Debt Collection Service by IFC

If you need a capable collection service in Singapore. IFC is here for you with professional credit and debt recovery services for businesses and individuals. IFC is offering the SG collection service that ensures fast and effective legal debt recovery.

The reality is that many drop bad debt recovery due to the extreme pressure it brings with it. Singapore has very strict debt collection laws, hence you just need to look for professional services. IFC offers efficient, lawful, and result-oriented debt recovery solutions that will help you regain what’s owed while staying within the legal requirements of the country.

SG Collection Service: Professional Debt Recovery for All

By choosing IFC as your SG Collection Service, you can rest assured that the process will be conducted professionally with great expertise and legality.

Whether you are a business being held hostage by bad debts or an individual in a personal debt position, IFC specializes in recovering debts effectively while staying within the laws. As one of the premier credit collection agencies, we ensure that there is a smooth, lawful debt recovery process.

Info Capital – SG Collection Service in Singapore

IFC provides SG Collection services. We use a tried and tested, step-by-step procedure, which ensures the process of debt recovery is executed efficiently and lawfully. From initial reminders to formal legal action, we manage everything about the recovery process:

The process to initiate collection often starts with a formal demand letter sent to the debtor, listing outstanding amounts and requiring payment within a specified period.

Negotiation & Settlement Plans

In case the debtor is unable to pay the full settlement, we engage the debtor in negotiating a settlement plan by repaying through manageable instalments.

Litigation & Court Action

We take the case to court, and judgment filing should be pursued if negotiations fail.

Judgment Enforcement

Once judgment is obtained, we will take appropriate enforcement action with an order of wage garnishment or asset seizure to recover the debt.

Why Choose IFC As Your Debt Collection Service in Singapore?

If you are hiring IFC for your debt collection needs, it has some prominent advantages in ensuring the recovery process is both smooth and effective:

01

Legal Expertise & Compliance

Debt Collection regulations in Singapore are pretty strict, to say the least. IFC being a licensed agency, is fully compliant with laws relating to debt recovery in Singapore.

02

Time & Resource Efficiency

It’s also a time-consuming procedure that puts a drain on your resources. However, through working with IFC, you will be in a position to let loose on other issues concerning your business or personal dealings as the complete debt recovery process.

03

Better Recovery Rates

After years of practice, IFC has learned to have effective debt recovery strategies, thus good results are nearly obtained.

Debt Recovery Singapore Process at IFC

At IFC, we have a well-defined, transparent process in place so that debt recovery does not become a hassle for you:

Notice for Recovery of Debt:

A notice by registered post is sent to the debtor stating that an amount is due and payable within a certain period.

Negotiation & Mediation:

If the debtor is unable to repay the above amount, we negotiate an option of payment plan or settlement with him.

Legal Action & Court Process:

If negotiation does not work out, then litigation is filed through a suit in court for a debt recovery judgment.

Reasons to Contact IFC’s Debt Collection Service in Singapore

Here’s why IFC is the right choice for your debt collection needs:

Licensed Debt Collection

As we provide licensed debt collection in Singapore, we have the guarantee that all our actions will fall under the provisions of the legal structure of the country.

Optimum Efficiency

You can entrust IFC with all the troubles of retrieving debts from a position of strength. We are always here as your team to save you time and energy.

High Recovery Rates

With decades of experience and high-level knowledge of debt recovery strategies, IFC boasts impressive record of success in debt recovery.

CALL US TODAY!

if you happen to be either a business or an individual in need of professional debt recovery services in Singapore, then the team at IFC will be here to assist you. We have experienced professionals to ensure your debt collection is handled efficiently, legally, and professionally. Contact IFC today for timely debt recovery services that are trustworthy and reliable.