Welcome
Legal Track has collectively more than 60 years experience in the Banking Sector, specialising in Risk Management, Property and Financial Management and Debt Collection. With the help of our well-established network of contacts throughout South Africa, we aim to make a constructive contribution towards the profitability of our clients. The company has a sound business structure and is managed with the highest financial and ethical principles. Our track record speaks for itself. Our contacts include Law Firms, Executors, Liquidators, Estate Agents and Sheriffs.
In order to guarantee success we believe in personal contact and negotiations between ourselves and the debtors. Our staff has years of experience in every type of collection and in negotiating with debtors regarding the repayment of their debts. We evaluate each debt individually and advise our clients of the possibility of recovery of the debt or the final write-off, giving you the opportunity of evaluating its real status, so avoiding any unnecessary costs in the event of recovery not being possible. The progress of each collection is maintained in a statement that is forwarded to our principals at regular intervals.
We have achieved excellent results in the collection of bad debts that have already been written off, as well as in the successful management and sales of properties in Bank Possession. Our experience in the field of Specialised Collections and Risk Management is unique in the industry and supported by the very latest of modern technology.
Nature of Business
With our very knowledgeable and practised staff, we specialise in the collection and management of:
- Issuing summons, obtaining judgement etc
- All commercial debt
- Personal loans
- Home loans
- Short term loans
- Business loans
- Liquidations and Sequestrations
- Deceased Estates
- The management, maintenance, sales and marketing of Property in Possession.