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When can I pass an overdue account to debt collection?

TODAY! Once an account is overdue, you have every right to pass the debt on to CollectIT Ltd.

At CollectIT we continually see debts that are left far too long. At any time companies can be liquidated, consumers can be bankrupted and contact details can change. If a debtor is unable to be contacted the chances of recovering your debt are very slim. 

Below are two debts where CollectIT have been involved prior to bankruptcy and liquidation:

Company 1: CollectIT recovered a debt of $14,500. 18 months later the debtor was made bankrupt owing a total of $5.6 million to a finance company.

Company 2: CollectIT's client acted speedily with a $3,000 debt being due in Dec, passed over to CollectIT in Feb and the receivers took over in April, shortly followed by liquidation. CollectIT managed to recover $1,000 from this debtor.

Don't delay - get your debts into CollectIT today.
Contact us on 07 834 9111 or email on info@collectit.co.nz