Published by Mbuli Holdings Limited
Many organizations write off debts after prolonged collection efforts have failed. However, writing off a debt for accounting purposes does not necessarily mean recovery opportunities no longer exist. This is where debt surveillance becomes important.
What Is Debt Surveillance?
Debt surveillance involves ongoing monitoring of debtors whose accounts have been written off or classified as dormant. The objective is to identify changes in financial circumstances that may create future recovery opportunities. Examples include:
- New employment
- Business growth
- Property acquisition
- Vehicle acquisition
- Improved financial standing
The Long-Term Value
Circumstances change. A debtor who was genuinely unable to pay three years ago may now possess the capacity to settle outstanding obligations. Organizations that maintain structured surveillance programs often recover funds that would otherwise remain permanently unrecovered.
Turning Dormant Accounts into Future Recoveries
Debt surveillance ensures recovery opportunities are not missed simply because time has passed. At Mbuli Holdings Limited, surveillance services help clients remain informed whenever new recovery prospects emerge.
Talk To Us Today
Physical Address: IPS Building, 8th Floor, Kimathi Street, Nairobi CBD
Postal Address: P. O BOX 12914 – 00100, Nairobi, Kenya
Call / Sms / Whatsapp: +254 785 241441
Email: info@mbuliholdings.com