RECOVERY OF RECEIVABLES
 
ZCP performance in cases of Recovery of Receivables

Our experience shows that default should be treated with more forceful mechanisms, allowing for a shift in current consumer behavior, accustomed to resorting to time-consuming judicial procedures that ultimately entail loss on receivables, or even a substantial increase in the time-to-recover; this affects the cash flow and profitability of companies subjected to such behavior.
 
Our work model comprises additional measures to those typically enforced in a court-ordered collection, aiming to create higher contingencies to debtors and their legal representatives, thereby making our business management work easier and more effective.
 
We conduct in-depth analysis of each case and consider a set of measures towards credit satisfaction, which can also compel companies to work on a negotiated solution, for instance, by way of protest, debt enforcements, attachments, seizures, credit line denials, pledged revenues, online lockout, etc.
 
In case of receivables from government agencies, we make use of the Fiscal Responsibility Law as a means to recovering credits, by stating - in court and before oversight authorities, such as the Public Finance Courts (TCUs) and the Public Prosecution Office (MP) -, that the systematic non-payment of regular utility bills is a practice forbidden by the Fiscal Responsibility Law, which entails personal liability of managers.
 
The personal involvement of Officers is an extremely effective measure for said business solutions. We use our legal expertise to create a means to negotiate more effectively, while providing inputs to improve actions by the Concessionaires’ management members towards creating role models and instrumentalizing legal relationships that enable a reduction in defaults of this nature.
 
In case of charitable, public and private Hospitals, legal theories and their supporting grounds devised by our firm are also deployed to compel appropriate personnel to take appropriate measures and act at the hospital administration level to ensure receipt of claims from our clients.
 
Post-negotiation management
 
The case is ultimately dismissed upon full receipt of the credits due. During the term of any installment payment agreements, we follow up on their enforcement and performance. This encompasses the inclusion of collaterals/guarantees (if required), judicial approvals and withdrawal of court-ordered deposits.