Friday 10 April 2015

Debt Collection Services in Kenya - Lolwe Auctioneers


Debt Collection is the art of recovery of monies owed.Debt collection often arises out of a breach of a condition of a contract such as a lease, unpaid cheques, unserviced loan with the Bank, hire purchase, chattel mortgage or hire arrangement.  It starts due to non-payment of goods or services or any number of other conditions.  It may take many forms from an attendance and collection of payment, to a payment plan or as a last resort the seizure of goods and chattels. This includes repossessions: the seizing of goods and chattels, property where a debt is overdue, and a term of the contract allows for the recovery of property such as vehicles (cars, trucks, motorbikes), boats, machinery and very occasionally other goods such as household furniture and equipment.

Debt Collecting is another field where we are tops. If you enlist  Lolwe auctioneers as your Debt Collectors, your accounts receivables will receive maximum attention. We collect Debts for both Corporate and individuals throughout the Republic of Kenya and East African Countries including; Uganda, Tanzania,Rwanda and Burundi.

Debt collection is an area where absolute honesty and financial discipline of the collector is of utmost importance. We at Lolwe Auctioneers assure you that all your accounts placed with us will be handled with the highest standards of integrity. Effectiveness and efficiency in the collection process are our most honoured virtues. We labour to ensure our clients’ expectations are met at all times.

Our Staff

Lolwe Auctioneers Debt collectors double as licensed Auctioneers as well as Court Process servers in Kenya. We have a lot of experience in this field since we are both qualified accountants and former credit controllers as well as debt collectors in various companies in Kenya.

Fees for Debt Collection

In debt collection, we charge commissions on contingency basis. You only pay us out of the monies we successfully recover for you from the debtor.

Procedure in Debt Collection Services

Although most clients may have already written for payment, a letter from a professional third party i.e. ourselves does carry a lot of extra weight and a good percentage of debtors will respond. They appreciate that the warnings are no longer an idle threat. Our strong worded and firm collection letters are sent by fax, e-mail as well as personal deliveries to maximize their effect.

Our team of experienced negotiators will also phone your debtors at key times of the day or evening to pin down decision makers and cheque signatories who may have avoided you in the past. We also make personal visits to the debtors’ premises to maximize the collection efforts. We visit premises throughout the Republic of Kenya, both commercial and residential.

We boast the privilege of having successfully collected debts for both local and international companies as well as individuals, some of which we have continued to work for over 20 years.

Some of our clients in Debt Collection Services  include:-

Sc Johnson & Son (Kenya) Limited
Doshi Group of Companies


Ryce East Africa Limited
Yansam Motors Limited
Jurassic Motors Limited
Barclays Bank of Kenya
Kenya Commercial bank
Our customers come first, to whom the existence of our business squarely depend.

Contact us for more information on our Debt Collection Service, or Debt Collectors.

Telephone: +254 722 862727
Email: info@lolweauctioneers.com
Website: www.lolweauctioneers.com

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