Salary garnishment in Colombia: When it applies and what you should consider
Salary garnishment is a legal tool that allows creditors to recover money owed by a debtor through the retention of a portion of their wages. In the context of […]
Pre-legal Collection
The Electronic Invoice as a Negotiable Instrument: Key Aspects for Initiating a Claim
In Colombia, the electronic invoice has gained prominence not only as an efficient billing mechanism but also as a negotiable instrument, meaning it can be used as a legal tool to enforce debt payment.[…]
Alternative Dispute Resolution Mechanisms (ADR): The Key to Efficiently Recovering Your Debts
Is your company facing challenges in collecting outstanding debts? Judicial processes can be lengthy, costly, and damaging to business relationships. There is a faster, more flexible, and effective alternative: Alternative […]
How to Implement Artificial Intelligence in Debt Collection: A Guide for Businesses
In the management of accounts receivable, AI is revolutionizing how businesses recover overdue accounts. By automating processes, analyzing data, and predicting payment behavior, AI offers significant advantages. However, successful implementation […]