Collection of receivables in Russia

The organization is considered financially stable in the event that the accounts payable are less than the accounts receivable. Accounts receivable are property claims of an enterprise to individuals or legal entities that are debtors of the company. The working capital of the enterprise is summarized from the following components: inventories, cash, work in progress and accounts receivable. This indicates that debtor debt is an integral part of working capital.

Many entrepreneurs in Russia are faced with problems of non-payment of debt obligations. In order not to overstep the bounds of the law, the deceived party in such a transaction is forced to look for legal methods in order to recover the receivables. The return of funds almost always has its own unique features, which are due to the circumstances of the emergence of debt, the personality of the debtor and the creditor. If you find yourself in such a situation, the sooner you begin collecting the receivables, the higher the chance of a positive outcome of the current situation. When the history of the formation of debt goes far into the past, it is much more difficult to withdraw than the fresh one.

Definition

Collection of accounts receivable is repayment of the amount of debt, which by law was due to the organization, enterprise or institution from individuals or legal entities as a result of relations with them. The amount of debt can be withdrawn from the turnover of the debtor's own funds.

Methods of collection

Collection of receivables can be made from organizations and enterprises of all forms of ownership. Many are ready to offer you assistance in this difficult matter by way of pre-trial proceedings. Such organizations conduct negotiations with the debtor, find out the actual financial condition of the debtor. If necessary, they can send a complaint to him. But if this does not help, then the case will have to be brought to court. In this case, a statement of claim is filed and a court decision is awaited. From the moment of submission of the claim the claim is accepted for production within 1-3 working days. The trial in the first instance must continue for 3 months from the date of the filing of the claim.

Actual collection of debt (receivable)

In the event that the judge makes a decision to collect the debt, you can do two things:

A) withdraw debt from the debtor;

B) if the debtor refuses voluntary payment, then the bailiffs carry out compulsory collection of the debt.

But, unfortunately, at present state employees do not much hurry to do this. So, if you want to return your money, then try to follow the actions or inactions of the state executor. Often the collection of receivables in court is delayed for a very long time.