The business world that we currently operate in has become smaller and in increasingly borderless. Technology and various advancements have allowed this progression and it will continue to develop further and evolve more as greater inroads are made in the fields of information technology, telecommunication and travel.
A definite by-product of this advancement and increase in economic activity is credit management and debt recovery issues. Newvest Recoveries has an established and proven track record in facilitating recoveries on a worldwide coverage basis. In the past we have solved and recovered substantial amounts of monies locally for foreign international clients and have been successful in recoveries from foreign debtor institutions for local clients.
We have forged a wide network of affiliated recoveries firms in foreign countries through whom we work together with. Likewise these foreign recoveries firms tie up with Newvest Recoveries whenever their international clients have debts to be recovered in Malaysia.
In certain technical and specialized foreign recoveries, such as Insurance Recoveries, Newvest Recoveries handles 100% of the recovery work alone. We assess the recovery potential and initiate recoveries against foreign debtors from Malaysia to begin with by laying the groundwork and commencing communication with debtors from Malaysia.
In the event of complications and specific issues relating to the subject matter our recoveries personnel will schedule meetings and travel to attend these meetings on behalf of the client and with the intention to secure and expedite recovery. This is the personalized service approach that has proven to be successful in various recovery instances.
|