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The Bad Debt Service is for SMEs that need legal support to manage bad debts and recoveries in view of the growing number of accounts overdue. The advantage of a legal service of this nature is a reduction in the average debt payment period, which helps to reduce the potential for the debt to be disputed under a statute of limitations, for the debtor to flee or for other creditors to be preferred in terms of payment priority. Consequently, those signing up to this service will see a direct increase in their cash-flow and, therefore, improvements in their profitability. |
