The client, a dedicated small business owner, approached JMS Rogers seeking to recover a significant sum of SGD $135,000 lent to a longstanding partner to fund a new venture. After carefully examining the evidence provided by the client, JMS Rogers confirmed that a debt existed.
Despite initial verbal assurances, the partner soon began making excuses and eventually vanished when repayment was due. In response, JMS Rogers deployed our private dispute specialist, who meticulously traced the debtor’s last known addresses and workplaces. Through multiple field visits, our team uncovered that the debtor had assumed a new identity and was operating a side business under a different name.
During these intensive investigations, our staff gathered undeniable evidence by documenting the debtor’s whereabouts and activities, which ultimately became the cornerstone of our negotiation strategy. Armed with this compelling evidence, JMS Rogers confronted the debtor in a controlled and professional setting, emphasizing the need to pay without any further delay.
As a result, a structured repayment plan was established that allowed the client to recover approximately 85% of the funds within six months, thereby saving the business from severe financial jeopardy.
What can we learn from this:
- Always secure formal, written agreements when entering financial partnerships.
- Proactive field investigations are essential in uncovering the truth behind evasive debtors.
- Swift, evidence-based intervention can dramatically improve the chances of debt recovery.
To experience the JMS Rogers journey of getting your debtor to pay back, call/WhatsApp us at +65 8100 8880 or email us at enquiries@jmsrogers.com.sg.
#singapore #JMSROGERS #jmsrogers #debt #debtcollection #debtrecovery #debtfree #debtmanagement #assets #assetsprotection #AssetSafety #recovery #RecoveryChallenge #assistance #assistanceneeded #assetrecovery #debtcollector #debtsettlement #services #ServicesOffered #solutions #solution #solutionfocused #assetinvestigation #CaseStudy #case #study #CaseReview #story
