The situation
A distribution creditor was owed 320,000 MDL. The parties are not named.
The amount had not been paid.
What we did
We worked the file on the amicable track: written notice and direct negotiation with the debtor, without court.
- File review and first contact with the debtor.
- Written notice and negotiation, on the amicable track.
- 95% of the amount collected within 47 days.
The result
95% of 320,000 MDL recovered in 47 days, without court.
What other creditors can take from this
The amicable track closed the file in under two months, without court.
Anonymized case: the creditor and the debtor are not named. The result is not a guarantee for other files.