BENEFIT

Speed

In 60 days you will have your money back, or our legal opinion of your case.

Quality Guarantee

You will NEVER pay for the management of a NON-Collected account.

 

Document security

You keep your original documents, you only give us photocopies.

Financial Security

All payments made by debtors are made in the name and account of our clients.

Practical

Easy account assignment: fill out an Account Assignment Agreement online and upload your documents on our web platform or from your mobile device.

With information

Access the status of your accounts or request a report online, from your computer or mobile device.

Professionalism

We are specialists in difficult collections. Experts with more than 20 years of experience in the recovery of business debts.

F&Q

No. Under no circumstances do we request advance payments or payment of memberships or fees to begin working on recovering your account.

1. Fill out our Account Assignment Agreement online.
2. Upload the documents that support the debt: checks, promissory notes, invoices, against receipts, purchase orders, etc.

The General Law of Credit Titles and Operations stipulates that there are 3 years to exercise Direct Exchange Action in a Commercial Executive Trial. After that term, the promissory note follows the rules of the documents of other Commercial acts.

A check, according to the General Law of Credit Titles and Operations, is valid for 6 months from its presentation for collection, to exercise direct exchange action. After this term, checks follow the rules of other documents that govern commercial acts.

Types of Judgment with which an account is normally recovered:

  • Commercial Executive Judgment
  • Commercial Oral Judgment
  • Ordinary Commercial Judgment
  • Complaint or Complaint before the Public Ministry.
  • Preparatory Means of Trial and Voluntary Jurisdiction Proceedings.

Commercial Executive Judgment

It is the ideal means to litigate a matter whose primary objective is collection. It is normally exercised on promissory notes and checks, but it also includes other documents that entail execution and that are within the maturity period.

Ordinary or Oral Commercial Trial.

This type of procedure is used to litigate the collection of matters that are NOT covered by a promissory note, check, or document that involves execution.

 

Complaint or Complaint before the Public Ministry.

As these are matters arising from sales on credit, most of the time it is difficult to classify commercial matters in the criminal order, however there are very specific situations where this legal figure is viable, and where the classification of a crime is evident.

Preparatory Means of Trial and Voluntary Jurisdiction Proceedings.

Means where there is no coercion on the part of the authority, but instead it acts as a figure before which and through which, the so-called creditor demands payment of the credit from his debtor.

F&Q

No. Under no circumstances do we request advance payments or payment of memberships or fees to begin working on recovering your account.

1. Fill out our Account Assignment Agreement online.
2. Upload the documents that support the debt: checks, promissory notes, invoices, against receipts, purchase orders, etc.

The General Law of Credit Titles and Operations stipulates that there are 3 years to exercise Direct Exchange Action in a Commercial Executive Trial. After that term, the promissory note follows the rules of the documents of other Commercial acts.

A check, according to the General Law of Credit Titles and Operations, is valid for 6 months from its presentation for collection, to exercise direct exchange action. After this term, checks follow the rules of other documents that govern commercial acts.

Factors that can lead to the uncollectibility of an account.

The main factors that make an account uncollectible are:
‍
– Poorly granted credit.
– Poor collection management.
– Slow decision-making in the face of a delinquent debtor.
– Some specific circumstance of the debtor.

Poorly granted credit:

Authorizing or facilitating a loan to a non-viable subject is the main reason for a loan to become uncollectible. This even caused a global crisis in 2008-2009. A rigorous methodology and a disciplined credit department significantly reduces risks.

Poor collection management:

One of our internal policies on extrajudicial collections is: “touch all accounts, every day.” It doesn't matter if there is a promise to pay, the debtor has to hear from you daily. Lax management becomes poor management and leads to no management at all.

Some specific circumstance of the debtor:

There are situations that are not in our control. Deaths, accidental events, natural disasters, Commercial Bankruptcies, etc. This can always happen and there is not much to do about it.

Slow decision-making in the face of a debtor who is in serious default:

Su deudor ya dio muestras suficientes de que no quiere o no puede pagar. Se necesita tomar una decisión temprana para que expertos recuperen su adeudo.

F&Q

No. Under no circumstances do we request advance payments or payment of memberships or fees to begin working on recovering your account.

1. Fill out our Account Assignment Agreement online.
2. Upload the documents that support the debt: checks, promissory notes, invoices, against receipts, purchase orders, etc.

The Income Tax Law, in its article 27 Section XV, lists and regulates the assumptions under which taxpayers who have granted a credit that they could not recover or collect, can make it deductible in their tax return. In our Bad Debt Certificates we ensure that each and every one of these requirements are met.

No. Nowhere in the Income Tax Law are Certificates of Bad Debt mentioned, however it will always be better for a third party company, that is, unrelated to the contributing company, to determine that the account that is intended to be deductible is actually uncollectible. It is a way to demonstrate to internal, external or even authority audits that everything possible was done to achieve recovery.

General Legal Services:

– Credit protection.
– Legal Defense.
– Review and preparation of contracts.
– Credit investigations.

Credit Protection.

We advise you on the review and, where appropriate, design of documents for the proper protection of your accounts receivable.

Legal Defense.

We can advise you and, where appropriate, defend you against actions of:

  • Penal.
  • Labor.
  • Administrative.
  • Protection.

Review and Preparation of Contracts.

By having your credits better covered, you can ensure that your merchandise is in constant movement, thus covering a greater portion of the market in your field. We review and, where appropriate, design your documentation.

Credit Investigation.

With direct credit, your company will have a greater possibility of serving the market sector that for some reason does not have access to formal financing such as banks, credit cards, Fonacot and Infonavit. We review your requests.

F&Q

No. Under no circumstances do we request advance payments or payment of memberships or fees to begin working on recovering your account.

1. Fill out our Account Assignment Agreement online.
2. Upload the documents that support the debt: checks, promissory notes, invoices, against receipts, purchase orders, etc.

Yes. Although our clients are normally the ones who act as the plaintiff in a procedure, occasionally we defend them against lawsuits filed against them, whether in commercial, civil, labor or even criminal matters against their representatives.

No, our service is exclusively preventive and remedial. That is, we provide everything our clients need to protect their credits, or if the collection problem already exists, we help with our expertise to recover their money.

 

Fee.

Ranges According to Amount of Debts.

25%

From $10,000 to $50,000

20%

From $50,001 to $300,000

16%

From $300,0001 to $500,000

13%

From $500,0001 to $1,000,000

10%

From $1,000,000 and up

The fees for judicial collection and likewise those for Certificates of Bad Debt are agreed upon through the issuance of the management report that is carried out on each matter, once the extrajudicial collection is concluded.