There are various grounds for long -term expectation without changing the size of the reserve. For example, if the client and the debtor dispute regarding the quality of the delivered goods, the examination and involvement of third parties (manufacturer of goods, an authorized expert and supervisory authority) are needed and involved in the process.
Basically, disputes arise from the so -called “counter requirements” regarding the quality, the provision of discounts, paying the oncoming supplies of goods and services (for example, advertising), etc. D. Some of the disputes may be quite complicated and demand the participation of several parties. The law protects the rights of the debtor — and disputes are often stretched for a long time.
Three disputes can be distinguished:
1) when factoring without insurance. The debtor enters the dispute with the client, and the factor is forced to wait before he can file a lawsuit against the debtor. The factor chooses the moment of filing a claim at its discretion depending on the circumstances;
2) when factoring with insurance. The debtor enters the dispute with the client, while the insurer does not pay insurance compensation until the circumstances of the case are clarified. The factor for some time awaits the clarification of circumstances along with the insurer;
3) with regressive factoring. The debtor enters the dispute with the client, but in many cases, waiting is not necessary. The factor asks the client to pay a monetary claim and resolve the problem with the debtor on its own. Nevertheless, if the client has a weak financial situation, most likely he will not be able to extinguish the demand for the debtor. If the financial situation of the latter is stable, the factor will wait for the dispute in favor of the client and then try to recover a monetary requirement from the debtor.
It is quite difficult to detect the real dimensions of the created reserves created by banking factors, because many resort to the mechanism of the transfer of overdue, dubious and hopeless monetary requirements for subsidiaries, since the negative transactions, of course, affects the indicators of the entire bank.
Therefore, your finances need to be especially carefully trusted by private banks, which, as units completely new in the market, is first difficult to immediately understand all the subtleties, see all the pitfalls in this business. Of course, there are private banks that have been helping the state for many years, that is, they share the deposits of citizens of the country with state banks. Nevertheless, it is only worth trusting experienced institutions in this area, because you cannot check in another way how reliable the bank is, you cannot.
