Debt portfolio management & Debt collection in ARMENIA
We recover your bad debts for the success fee.
How do we collect debts in Armenia?
CIS DRS provides the full B2B debt collection service package in Armenia. Our team has profound expertise in strategic planning and effectively manages portfolios with cases entrusted by clients. This work includes detailed survey of each document related to the claim, development of negotiations strategy, site visits to the debtor, establishing contact directly with the company's management and daily control over the debtor's actions aimed at repayment.

We conduct informational research to obtain data about the debtor's companies. Our main target is not only fund skiptracing. In Armenia, we check local registers for certificates of incorporation, which may contain important data on the owners. Moreover, we try to find out all affiliate companies in order to put additional pressure on the persons who will wire the payment. In some cases we even helped debtors get a bank credit to pay off a debt - all for the sake of a result for our clients.
Advantages of choosing the collection agency for the debt recovery in Armenia
Amicable debt collection in Armenia may be challenging for international creditors. Debt collection in the Caucasian countries is a complex process due to the cultural characteristics of the people in the region. In addition, differences in time zones, lack of knowledge of the Armenian language, and even a lack of understanding of local traditions and customs can be a great difficulty on the way to collecting a debt.

CIS DRS has managed to create teams with and experience in debt collection in Armenia. We have negotiated with over 1000 local entrepreneurs and know all the specifics of local business. In addition, having access to state databases as well as to the customs database, we can easily establish a contract directly with the owners of the companies and check the status of the shipped goods.
How to get the money back if your debtor is an Armenian resident company?
Do not hesitate, just give us a call or fill in the form on the website below. Our lawyers will contact you to find out the details of the problem situation. Further, we will carefully study all trade documents and provide you with our preliminary conclusion and commercial proposal. After all the formalities have been approved, our lawyers will immediately start working on debt recovery.

Using the methods and strategies that our team uses to negotiate with debtors worldwide, we always achieve the best possible result in each specific region. You may be sure that entrusting your debt claims to us is more than just outsource cooperation. We will help to return your money back, maintaining the efficiency and effectiveness as if we were part of your team.
Serving Clients in ARMENIA for more than two decades
Debt Collection in ARMENIA
  • analysis of trade documents in default
  • credit check of the debtor's company
  • strategy for peaceful settlement
  • drafting official demand letters
  • phone negotiations with debtor
  • personal negotiations with debtor
  • drafting restructuring plan
  • control of installment payment
Debt Management in ARMENIA
  • portfolio analysis
  • control of payment terms
  • timely reminders
  • soft communication with clients
  • advisory regarding billing cycles
  • reminders via emails
  • receivables control
Litigation in ARMENIA
  • legal review of trade documents
  • translation of the documents
  • drafting a Power of Attorney
  • making a strategy of litigation
  • drafting and filing law-suit
  • application for assets seizure
  • participation in court hearings
  • obtaining judgment for client
Arbitration in ARMENIA
  • legal review of arbitration clause
  • translation of necessary documents
  • drafting a Power of Attorney
  • making a strategy for arbitration
  • drafting and filing law-suit with IAC
  • application for assets seizure
  • participation in arbitration hearings
  • obtaining arbitral award for client
Enforcement in ARMENIA
  • analysis of judgment or arbitral award
  • making a strategy of enforcement
  • drafting application for enforcement to local court
  • participation in court's hearings
  • obtaining writ of enforcement
  • filing the writ to Bailiff's Service
  • control of execution work
Bankruptcy in ARMENIA
  • filing creditors claims
  • representing clients in creditors committee meetings
  • bankruptcy process monitoring
  • liquidators communication
  • regular reporting to client
  • assets recovery
No Recovery-No Fee.
  • Verifying Debtor's Address
  • Checking Debtors' Status in Database
  • Brief Report to Client
  • Case Strategy Design
  • Confirmation Receipt
  • Claims Automation System
  • Case Processing Starts Immediately
Our lawyers do their best to collect your credits
  1. Get Proposal
  2. Forward for Client's Approval
  3. Collect Payment to Client
  4. CLOSE the File
Whether Debtor Responds Positively (if yes)
  1. Send In-house Demand Notice
  2. Whether Disputes (if yes)
  3. Get Proposal from Debtor
  4. Forward for Client's Approval
  5. Collect Payment to Client (if approved)
  6. Suggest Court Case If Worth (if no)
  7. CLOSE
Whether Responds Negatively (if no)
  1. Convince for Amicable Settlement
  2. Get Proposal
  3. Forward for Client's Approval
  4. Collect Payment to Client (if approved)
  5. CLOSE
Whether Disputes (if no)
You always receive reports regarding our efforts in time

  1. Current Status of Each Case
  2. Collection Efforts Our Lawyers Have Already Done
  3. What Should Be Done Further
  4. Expected Outcome Or Suggestion

Just fill in the form and we will revert to you ASAP

TEL: +86-532-82-02-2526

1805 Parkson International Business Center, 44-60
Zhongshan Road, 266001, Qingdao Shandong, CHINA

We work Monday to Friday, 9 AM - 6 PM (GMT-7)
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