DEXTRA LINEAADVISORY
Area 04

Receivables management

«We are owed money. The debt is not
disputed. The money still does not arrive»

What we do

We preserve title to the claim and carry the settlement through to money. Without buying the debt and without collection agencies.

It happens that the debtor is willing to pay but the payment will not go through: the settlement route between the jurisdictions does not come together. While settlement is impossible, what matters is that the claim does not lose its value and stays your asset.

Scope of work

Scope of work

Six parts of one task. Two of them matter most: holding title to the claim while settlement is impossible, and putting the payment through once it becomes possible.

01

Reviewing the claim

The basis of the debt, the documents, the time limits, the debtor and the payment route. What exactly can be claimed, and what it rests on.

02

Preserving title

Fixing the debt, the time limits, succession and security — so the claim does not lose value while settlement is impossible.

03

Placing it under management

The claim is placed with a licensed factoring company for administration and settlement, without the debt being bought.

04

Working with the debtor

Reconciliation, negotiations, a repayment schedule and security.

05

The payment route

Selecting the banks and the currency through which settlement will clear, and seeing the payment through.

06

Assignment to a third party

Where the claim is better transferred: the acquirer, the document set and the assignment itself.

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We are not a collection agency and we do not buy the debt. Our work is to preserve the claim and agree how settlement will be made.

How the work runs

How the work runs

Timing depends on the debtor, the jurisdiction and the settlement route; the timetable is fixed once the first stage is done.

StageWhat is doneResult of the stage
01Reviewing the claim

The basis, the documents, the time limits, the debtor and the payment route

A written assessment of the prospects

02Preserving title

Fixing the debt, the time limits, succession and security

The claim confirmed and protected against losing value

03Compliance

Checks on the debtor, the basis of the debt and the origin of the claim

The claim admitted to the structure

04Documentation

The assignment agreement, notice to the debtor, handover of documents

The claim with the holder

05Working with the debtor

Reconciliation, negotiations, schedule, security and, if needed, preparation for proceedings

An agreed settlement arrangement

06Settlement

Funds received and remitted to you in the agreed manner

The money received

Questions

What people ask before deciding

How long does it take?

Reviewing the claim takes a few days. After that the timing depends on the debtor and the settlement route, and is fixed once the first stage is done.

Do you buy the debt?

No. We do not purchase the claim and we do not pay for it. The structure takes it under management, and you can start without a transfer at all — with the review and the negotiations.

Will the debtor be told about the transfer?

Yes. Notice to the debtor is a mandatory part of placing the claim under management; without it the arrangement does not work.

Can a whole portfolio be handed over?

Yes. The portfolio is assessed claim by claim and the work is ordered by priority.

Do you do debt collection?

No. We are not a collection agency. Our work is to preserve the claim and agree how settlement will be made; we do not pursue enforcement.

What if the debtor is in Russia or the CIS?

It depends on the parties, the basis of the debt and the settlement route. That is checked at the outset, before the work begins.

Companies with settlements stuckGroups with cross-border intra-group debtBanks and funds holding portfolios of claims
Next step

Let's start with your matter

Tell us briefly about your matter. We will agree on an appropriate format for an initial conversation and explore possible ways forward.

Where appropriate, we can enter into a confidentiality agreement before discussing sensitive information.

For an initial conversation
  • What the asset or the matter is
  • Which countries the parties are in
  • Where things stand right now
  • What result is needed, and by when