No. of Branches : 2 | Total No. of Staffs : 100 - 500
Max Financial Services helps banks to collect unpaid debts by acting as a collection and repo agency (debt collection and recovery agency). Loans, credit cards, and other financial commitments are among the many debts they can handle. These organizations use a variety of strategies to collect the debt, such as reminders, discussions, and, in certain situations, legal action. We are survive in this field more than 28 years. we are one of the leading vendor for banks.
What we do:
Debt Collection:
These agencies act as intermediaries between creditors (lenders) and debtors (borrowers) to recover outstanding debts.
Debt Recovery:
They use various strategies to ensure the debtor fulfills their financial obligations, potentially including legal avenues if necessary.
Reposession:
In some cases, they may be involved in repossession, which is the act of reclaiming assets (like vehicles) that were used as collateral for a loan when the borrower defaults on payments.
How we operate:
Communication:
Agencies often contact debtors to remind them about outstanding payments and negotiate repayment plans.
Negotiation:
They can work with debtors to find mutually acceptable solutions, such as restructuring payments or creating a repayment schedule.
Legal Action:
If other methods fail, they may pursue legal action to recover the debt, which could involve filing a lawsuit.
Third-party involvement:
Lenders may hire these agencies as third-party debt collectors, or they may have in-house debt collection departments.
| S.No | City | Address |
|---|---|---|
| 1 | Madurai | 19/1, Ground Floor, Janaki Narayannan Street, S.S Colony, Madurai - 625016. |
| 2 | Thoothukudi | B.O: No: 271/C, 2nd Floor, Sivanthakulam Road, Thoothukudi, Pincode: 628003. |