If you can’t pay TRIVER back, we will make every effort to support you and find a solution, but there are impacts if the debt remains unpaid.
Here’s what can happen:
Late Fees and Increased Costs: You will incur late fees, and your daily discount fee will increase until the debt is cleared.
Credit Reporting: We will report the missed payment to credit reference agencies, which could negatively impact your credit profile and affect your ability to access financing in the future.
Debt Collection: If the debt remains unpaid, we may need to refer the matter to our Collections department, and we may contact your buyers to recover the funds directly.
Legal Action: In severe cases, if there is no cooperation, TRIVER may be forced to take legal action, including the liquidation of your company. If the invoices are found to be fraudulent, you may also be held personally liable.
We strongly encourage you to contact us as soon as possible if you’re facing difficulties, so we can work together to find a solution.