About Kamohelo Entle
KAMOHELO ENTLE is an emerging black-owned practice specializing in Debt Collection and Revenue Management. The company was founded in 2011 and offers extensive revenue enhancement strategies and debt collection services to government, parastatals, financial institutions, corporate firms, and entrepreneurs.
Our focus is on delivering innovative, results-driven solutions tailored to improve our clients’ financial performance. Through our comprehensive range of services, Kamohelo Entle ensures that our clients maximize revenue collection and minimize outstanding debts.
KAMOHELO ENTLE COLLECTION STRATEGY
The strategy for collecting on the debtor’s book is built around KAMOHELO ENTLE’s tried-and-tested operating system, designed to manage the entire collection value chain. Our system can interface with other systems (account management, financial management, etc.) to gather or supply information needed to execute the collection function at all stages. Our contracted team of attorneys and in-house collection agents ensures that workflow processes, collection strategies, and the system itself enhance the collection and recovery process.
service
DEBT COLLECTION
KAMOHELO ENTLE has over six years of experience providing debt collection services to various private and public sector clients. We offer a wide range of accounts receivable solutions that encompass the entire accounts receivable value chain. This process includes:
Step 1
Legal Services
Step 2
Account Administration
Step 3
Early Stage Collection
Step 4
Late Stage Collection
Step 5
Legal Collection
Step 6
Reporting
Step 7
Payment File
FAQ
What does it mean to be handed over to a debt collector?
Being handed over to a debt collector means that a creditor has transferred the responsibility of collecting an unpaid debt to a specialized agency (like VVM). This usually happens after several attempts to collect the debt directly have failed. The debt collector will then use various methods within the legal framework to recover the amount owed.
What type of payment plans can I accept?
Payment terms with debt collection agencies can vary based on your specific debt situation and their policies. Typically, options may include lump-sum payments, monthly installment plans, or occasionally settlements for less than the full amount owed, depending on negotiations
What does it mean to make arrangements?
Making arrangements means agreeing on a payment plan with the debt collection agency based on your current financial situation. This could involve negotiating terms such as the total amount owed, monthly installments, or a lump-sum settlement.
What documentation do I need to give Kamohelo?
If you are over-indebted, you will need to provide documents such as proof of income, identification, and any communication with the original creditor regarding the debt. This helps verify your identity and financial situation, which forms the basis for any negotiated repayment arrangement.
What does it mean to set up an arrangement?
Setting up an arrangement means formally agreeing to a repayment plan for your debt. This agreement is typically documented in writing and includes the total amount owed, payment amounts, frequency of payments, and the number of payments.
How can I create an arrangement?
To create an arrangement, contact Kamohelo Entle directly to discuss your financial situation. Be honest about what you can afford. You may need to provide financial statements or other documentation. Once an agreement on payment terms is reached, ensure it is put in writing to avoid any future misunderstandings.