OUTSOURCE DEBT COLLECTION IN ARMENIA

Armenia is one of the CIS countries where doing business is very difficult. Peculiarities such as a weak economy, government restrictions, high taxes and social conditions contribute to the emergence of debts of local companies to foreign suppliers.

The mentality of local entrepreneurs does not allow partners from abroad to reach agreements that will be guaranteed to be fulfilled. Moreover, even having a signed contract does not guarantee that the local company will fulfill its obligations even to a big international partner that has offices worldwide.

After entrusting the case to work, our lawyers carefully study trade documents, make a deep information search for additional information about the debtor, which will help convince him faster. Moreover, we develop a negotiation strategy and select the necessary arguments before the first negotiations with the responsible person. We always negotiate exclusively with the management of the debtor company or with employees who make financial decisions. Our main goal in any negotiations is to return funds to our client's bank account as soon as possible.

If we are unable to contact the management of the debtor's company and the information search does not give any result, our lawyers conduct a site visit to the debtor's premises.The purpose of this action is to check whether the debtor's company is physically present at the specified address, to obtain additional active contact details and to negotiate with the persons responsible for payment if they are present in the office.

A B2B debt collection law firm has several advantages over in-house lawyers that allow us to make the recovery faster. First, each of our lawyers has dedicated over 10,000 hours of negotiation to maximize their skills. Secondly, we are fighting for the result, since we will receive a commission only on the fact of debt collection. Thirdly, we have developed 83 negotiation strategies that will allow us to find an approach to any debtor and achieve our goal.

We recommend that you fill out an application below and leave key information about your debtor. Our lawyers will study trade documents, find out all the details about the credit, conduct an informational search on the debtor and provide you with a commercial offer. Remember that in the cases of pre-trial negotiations, we receive a commission for the work performed only after our client receives money collected by us to a bank account.