At Affinity Mediators, Mediation typically takes less time and is more cost-effective than litigation. By resolving receivable collection disputes through mediation, businesses can save valuable resources and focus on their core operations. Once an agreement is reached through mediation, it can be formalized into a legally binding contract, providing assurance to both parties that the terms will be upheld.
Mediators provide a neutral platform where both parties—the creditor and the debtor—can openly discuss their concerns and work towards a resolution.
Mediators help each party understand the other’s perspective. Creditors may have legitimate reasons for expecting prompt payment.
Mediation encourages creative problem-solving. Parties can explore various options for resolving the outstanding debt, such as payment plans