Category: (6) eTOM Process Type
Process Identifier: 1.6.12.2.8.3.5
Original Process Identifier:
Maturity Level: 3
Engage legal counseling, preparation and proof of bad debt, with the objective of settling a bad debt in a court of law. Send a party's debt to an outside collection agency. Communicate with legal and regulatory parties to proceed with an embargo of the party. Take action to recover one or more assets associated with the bad debt.
Take Party Debt Collection Further Action initiates more strenuous actions to recover a party's bad debt, including: - Engage legal counseling, preparation and proof of bad debt, with the objective of settling a bad debt in a court of law - Send a party's debt to an outside collection agency if the party fits the assignment criteria as defined by an enterprise's debt collection policies - Communicate with legal and regulatory parties to proceed with an embargo of the party when a delinquent party continues to not pay - Take action to recover one or more assets associated with the bad debt.
This was created from the Frameworx 16.0 Model