Debt Recovery in South Africa
Recovering debts owed to your business or school can be a difficult process, unless you have a skilled and experienced team at your side. Indeed, the laws and regulations around debt recovery in South Africa have evolved so much in recent years, that it has become a highly specialised field.
This is especially true for institutions such as schools, that face more than a few challenges when it comes to managing their debtors. Not only do schools have many accounts to track and ensure due payment, but they also operate according to strict regulations.
With that said, whether your business only deals with one overdue debt at a time or dozens, the risk that this poses to your cash flow is significant. It pays to remember that managing your company’s debtor risk is not only about successful collections when they do not pay, but also drafting good contracts and recognising red flags before troubles start. With that in mind, having a longstanding relationship with a good debt attorney is key to making sure that the risk of not recovering outstanding money is always at a minimum.
Our Debt Recovery Team
The Jonker Vorster team have been working with schools and levies since 2002, along with a focus on commercial collections.
Our collections department is dedicated to recovering owed funds with the necessary insight and awareness. Indeed, understanding that mutual respect between parties goes hand in hand with successful collections. Whether it's commercial collections, outstanding levies, or school fees, we handle it all.
Our team of professionals take a hands-on approach and work hard to stay at the top of their game. They are skilled at building good relationships, negotiating quality payments, and using technology to contain collections issues before they become bigger problems.
With a long list of satisfied clients that include Mafadi Property Management, Residentia Property Management, MACSteel SA, Rustenburg High School, Wynberg Boys & Girls High School, St Cyprians, and Pretoria Girls High School, and many more high value schools and commercial clients you can bet our team has proven itself as one of the best in the industry.
How Jonker Vorster Attorneys can assist you with debt recovery matters
Jonker Vorster Attorneys has spent the last two decades innovating in the field of debt recovery, and we are proud to be able to call ourselves the market leader in this discipline. If you want to ensure that your business or school has the cash flow it needs to survive, we are here to help. Our debt collection attorneys can assist in collecting on outstanding funds, setting up debt payment plans, and escalating matters of outstanding debt on your behalf. We are dedicated to collecting quickly and at the lowest possible cost to you. Our vast specialist experience also makes us the first stop for homeowners associations, sectional title management agencies and schools.
Because we are a fully-fledged law firm, we are in a position to not only offer the same type of services as a call centre or collection agency, but to also execute formal legal proceedings - which is an absolutely invaluable tool in the debt recovery process.