What is pre-trial debt recovery?

Pre-trial debt collection procedure – it is the cheapest and quickest way for the creditor to recover his money from the debtor avoiding long and expensive trial litigation. Debt recovery in pre-trial procedure allows a creditor to avoid litigation costs (stamp duty, costs for legal representation and so on.), also it gives an evaluation of the debt itself and the perspective of the litigation, provides information about debtor’s financial ability to pay the debt in cases of the bad debt.