Legal Balance
Debt collection and debt purchase services for businesses and organisations in Latvia and abroad
About Legal Balance
Legal Balance provides debt management and recovery services, including out-of-court and court-based collection in Latvia, cross-border recovery in the EU and other countries, and B2B debt collection from companies. It also buys and sells problematic debt portfolios and administers debts under instalment arrangements. The company offers an online platform where debtors can set up payment schedules and view their debts.
Its customers are businesses and organisations that need recovery of unpaid debts, including companies that sell debt portfolios. Revenue comes from recovery and debt management services and from acquiring debt portfolios. The company describes itself as the privileged partner of the EOS debt collection network in the Baltic states.
Legal Balance is based in Rīga, Latvia, where it has operated since 2018, and its registered founding date is 16 February 2018. It reports a team of 24 professionals and a managed debt portfolio of 54,000 debts. The company states it plans to open offices in other European countries in the coming years.
Product: Debt recovery (out-of-court and court), cross-border debt collection, B2B debt collection, and debt portfolio purchase and sale.
Jobs at Legal Balance
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