VVE Recoveries

VVE Recoveries specializes in debt collection and offers bespoke strategies for managing various types of debts including consumer, commercial, motor, and asset finance. The company aims to maximize clients’ cash flow through effective and responsible debt management. Their services extend to underwriting, loan syndication, personal financial management, and credit evaluation.

• Core Services
  1. Debt Collection:
     • Consumer Debts: Strategies to secure voluntary resolution or compel payment through litigation if necessary.
     • Commercial Debts: Prioritizes invoice payments through voluntary resolution or litigation.
     • Motor & Asset Finance: Specialized service for asset recovery and collections in the motor finance industry.
     • Recovery of Goods: Handling regulated and unregulated hire purchase and lease agreements, shortfall claims, and end-of-contract claims.
  2. Debt Purchase:
     • Provides a holistic solution encompassing pre-legal collections, legal recoveries, and enforcement services.
     • Focuses on maximizing clients’ return on investment while handling recoveries professionally and compliantly.
  3. Pricing Structure:
     • Claims range from R300 to over R100,000 with varying percentages for different claim amounts and stages (e.g., pre-legal, post-legal).
  4. Litigation Support:
     • Offers extensive experience in contentious litigation, bulk and bespoke litigation, and defended recovery and shortfall cases.
     • Provides complementary risk avoidance training and support.
  5. Insolvency Support:
     • Ensures optimum results in insolvency cases and investigates fraudulent debtor behavior.
     • Develops strategies with customers to maximize recovery during actual or forthcoming insolvencies.
  6. Enforcement Services:
     • Employs methods of enforcement based on prior assessment and client consent to recover debts cost-effectively.