Singapore Expats Forum

Debt Collection

Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.

Sponsored by:
Citibank International Wealth Management

User avatar
Posts: 71
Joined: Tue, 23 Feb 2010

Debt Collection

Postby shameenali » Thu, 28 Jul 2011 11:49 am

Hello Ppl,

Am looking for advice & guidance here basically. We have 4 co's total outstanding debts of around a $1million. Some of the O/S amounts are due from the beginning from '08. What are the most effective ways of collecting o/s amounts due to us? Regular calling, sending out of SOA's do not seem to be all that effective. Do you think that I should engage debt collection agencies? Am just worried about the repercussions that that might have on my clients. (potential loss of clients) Or better still would be to put in a more effective credit controller / ar person?


  • Similar Topics
    Last post

Return to “Business in Singapore”

Who is online

Users browsing this forum: No registered users and 2 guests