Why Businesses and Individuals Choose Assured Debt Recovery
10 years in the debt recovery industry. We’ve handled cases across nearly every sector in Singapore, from SMEs and law firms to individual creditors recovering personal loans.
Corporate and personal debt, under one roof. Most agencies specialise in one or the other. We recover both — commercial invoices, B2B debt, and personal loans between individuals.
Fully compliant with Singapore law. All debt collection activity is conducted in line with the Debt Collection Act 2022 and the Protection from Harassment Act, so recovery never crosses into harassment or intimidation.
Clear process, no surprises. You’ll know exactly what stage your case is at, what’s been attempted, and what your legal options are if amicable recovery doesn’t work.
Our Debt Recovery Services
Corporate Debt Recovery
Overdue invoices tie up cash flow and strain business relationships. We recover outstanding B2B and commercial debts on behalf of SMEs, contractors, suppliers, and service providers — using structured follow-up, negotiation, and escalation where needed, so you get paid without damaging the client relationship where possible.
Personal Debt Recovery
Money owed between individuals — personal loans, IOUs, or informal lending arrangements — can be some of the hardest debts to recover, precisely because they’re personal. We handle these cases with the same professionalism and legal discipline as corporate cases, keeping communication firm but civil.
Letter of Demand (LOD)
A formal Letter of Demand is often the first and most effective step in debt recovery. We draft and issue LODs that clearly state the amount owed, the payment deadline, and the consequences of non-payment — prompting many debtors to settle before matters escalate further.
Skip Tracing & Debtor Location
Can’t locate the debtor? We use professional tracing methods to establish current contact details and whereabouts, so recovery efforts can proceed.
Negotiation & Payment Plans
Not every debtor can pay in full immediately. We negotiate realistic settlement terms and structured payment plans that get you paid while keeping the process out of court wherever possible.
Legal Escalation Support
If amicable recovery fails, we help you understand — and prepare for — the next steps, including Small Claims Tribunal filings for lower-value debts, civil litigation for larger sums, and statutory demand procedures for corporate debts above SGD 15,000. We work alongside legal counsel where court action becomes necessary.
Our Debt Recovery Process
Case Review
We assess your outstanding debt, the debtor’s history, and the likelihood of recovery.
Amicable Recovery
We contact the debtor directly, issue a Letter of Demand, and attempt to negotiate payment.
Escalation (if needed)
If the debtor doesn’t respond, we outline your legal options, from Small Claims Tribunal to civil court proceedings.
Resolution
Funds recovered are remitted to you, with full documentation of the process throughout.
Our Debt Recovery Process
Since the Debt Collection Act 2022 came into force, all debt collection agencies operating in Singapore must be licensed by the Singapore Police Force, and operating without a licence is now a criminal offence. Assured Debt Recovery operates within this framework and the Protection from Harassment Act, meaning our recovery methods are firm but never threatening, intimidating, or harassing. When choosing a debt collector in Singapore, always confirm their licensing status — it protects you as much as it protects the debtor.
Recover What’s Owed to You
Years of experience recovering corporate and personal debt across Singapore, done the right way. Talk to Assured Debt Recovery today for a confidential case assessment.