INSOLVENCY PRACTITIONERS

When Administrators are appointed to a company often debtors become unsure of their obligation in relation to money owed to that company.

Partnering with Administrators, CMS will act in a support role by offering urgent campaigns designed to eliminate confusion, clarify debtor obligations and finally manage the recovery of outstanding debts owed to the company.

 

 

Campaigns include:

 

Notification sent to debtors

A pre-approved notification explaining the appointment of an Administrator together with an initial request for immediate settlement of a debt.

 

Follow up requests

All debtors will be contacted within a specified time frame to confirm receipt of correspondence, address any questions and seek immediate settlement of their respective debt.

 

Weekly reporting and updates

CMS will forward regular summarised reports to the Administrator detailing all collection activity including anticipated ongoing recovery volume.