To manage NPLs is necessary to arrange a complete and articulated process passing through extra judicial phase, legal reminder, to legal collection and execution, without putting aside an accurate quality control, based on work ethic and professionalism.
Kreos srl, together with Studio Legale Balestra, developed and improved over time the operating model called Legal Rekovery, that allowed Kreos to reduce fixed costs and seamlessly combines extrajudicial and judicial action.
Each standing receives an automate rating, to assess the situation and decide which actions has to be performed, always putting dialogue and cooperation with the debtor counterparty in front.
Doing so, the creditor has a single contact point, operating according to professionals and ethic principles.
Here you can find more information about the Legal Rekovery program.