Post by account_disabled on Mar 11, 2024 2:02:33 GMT -8
In recent years debt negotiation and recovery have been at the center of Brazilian debates including being part of the set of public policies at all levels of governance. Brazil has more than million negative people. A relevant number which significantly increases the demand for offices specializing in judicial recovery an extremely delicate activity that requires in addition to vast knowledge in the legal field perseverance in work and availability to seek effective measures to recover the client's credit preventing the judicial process drags on for years without any success which is very common in Brazilian courts.
With the high rate of default in the country the first action of most debtors is to try to negotiate the debt extrajudicially and seek an agreement with the best market conditions and offers from banks and companies and when this is not possible the Obligations remain pending until some more effective action is taken. In this scenario Phone Number Data creditors need to reinforce measures to avoid an even greater loss of working capital due to default. One way is to take legal action to recover the credit of consumers who are not up to date with their payments.
Credit recovery as the name suggests aims to recover amounts owed and not paid by the defaulter. For the consumer this allows in addition to paying off the debt the possibility of obtaining a new line of credit and removing their data from the list of defaulters with credit protection agencies. For banks and companies it means receiving the amount due reducing losses that affect the organizational economy and cash flow in addition to the possibility of new sales and signed contracts.
Extrajudicial negotiations are the least burdensome means of recovering credit such as balances addendums and new installments. However the parties are not always able to reach an agreement and therefore a series of mechanisms arise for companies in the judicial sphere which in most cases are effective in recovering the amount owed. These are called typical means of execution.
The typical or direct means of execution can be found in article IV of the Code of Civil Procedure CPC which empowered the judge to adopt all inductive coercive mandatory or subrogatory measures necessary to guarantee the creditor the satisfaction of their rights such as for example the freezing of amounts in an account and the seizure of assets.
With the high rate of default in the country the first action of most debtors is to try to negotiate the debt extrajudicially and seek an agreement with the best market conditions and offers from banks and companies and when this is not possible the Obligations remain pending until some more effective action is taken. In this scenario Phone Number Data creditors need to reinforce measures to avoid an even greater loss of working capital due to default. One way is to take legal action to recover the credit of consumers who are not up to date with their payments.
Credit recovery as the name suggests aims to recover amounts owed and not paid by the defaulter. For the consumer this allows in addition to paying off the debt the possibility of obtaining a new line of credit and removing their data from the list of defaulters with credit protection agencies. For banks and companies it means receiving the amount due reducing losses that affect the organizational economy and cash flow in addition to the possibility of new sales and signed contracts.
Extrajudicial negotiations are the least burdensome means of recovering credit such as balances addendums and new installments. However the parties are not always able to reach an agreement and therefore a series of mechanisms arise for companies in the judicial sphere which in most cases are effective in recovering the amount owed. These are called typical means of execution.
The typical or direct means of execution can be found in article IV of the Code of Civil Procedure CPC which empowered the judge to adopt all inductive coercive mandatory or subrogatory measures necessary to guarantee the creditor the satisfaction of their rights such as for example the freezing of amounts in an account and the seizure of assets.