CIS DRS

DEBT RECOVERY IN BRUNEI

Debt portfolio management & Debt collection
We recover your bad debts for the success fee.
Collection in Brunei
Debt collection has always been a tricky part of any business. Creditors can face unreliable partners and customers every day. As a result, instead of the money earned, the company receives toxic assets.

CIS Debt Recovery Solution is a worldwide debt collection agency that provides commercial (also known as B2B) debt collection services in Asia including all 4 districts of Brunei.

Many companies doing business in Brunei have faced difficulties in returning the money. Thus, debt collection in Brunei can only be carried out by highly specialized professionals with experience in Brunei's commercial law system as well as local business rules. Thus, CIS DRS will provide you with world-class debt collection professionals to assist you in out-of-court and litigation proceedings.

A key feature of debt collection in Brunei is the absence of professional agencies in the country. Therefore, if your goods or services have not been paid for and you want to get your payment back, the only visible solution is to hire an international law firm. Moreover, such a company must operate in accordance with the national laws of Brunei. For example, the statute of limitations in Brunei is 6 years, but there are many special exceptions, so only a team of professional lawyers can advise on your claim.

CIS DRS Debt Collection Services in Brunei

If your contractual partner violated the agreement and did not pay off the debt, you can always contact our law firm. We provide a full range of debt collection services in Brunei, including but not limited to: due diligence of the debtor; all types of correspondence followed by phone calls and videoconferences, outbound email and personal meetings; drafting of legal notices / claims / pre-trial claims, etc.

First of all, we will start by providing the debtor with a formal warning letter of the claim as per the nationwide laws of Brunei. We reach an amicable settlement through negotiations with the debtor after establishing the facts, identifying problems, assessing the motivation of the debtor, developing repayment options, concluding an amicable commercial agreement with the debtor and, finally, we closely monitor the execution of settlements.

Please note that the most effective way to recover your costs in Brunei is B2B Alternative Dispute Resolution. Our lawyers use all their knowledge of Brunei's business rules and negotiation skills to reach an amicable settlement with the debtor. However, if you decide to seek debt collection through the court, our lawyers will also help you choose the best third-party legal support for each specific case. Our agency has a huge network of partners in many countries around the world.

CIS DRS Collection Advantages in Brunei

By contacting our debt collection agency, you will benefit from our many years of practice in the field of debt collection and our network of lawyers in many countries around the world.

Moreover, there is no need to worry about privacy, which is especially important these days. All your personal information and trade secrets will be kept safe as we comply with the General European Data Protection Regulation (GDPR).

Our prices are based on excellent client service. We work for results in amicable B2B debt collection and have fixed prices for standard litigation.

Therefore, if your company has an outstanding debt in Brunei and you want to return it soon, you can hire our team. Do not hesitate to contact CIS Debt Recovery Solutions. Please fill out the form to submit your debt collection request.
AT A GLANCE
Serving Clients in BRUNEI for more than two decades
Debt Collection
  • 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
  • portfolio analysis
  • control of payment terms
  • timely reminders
  • soft communication with clients
  • advisory regarding billing cycles
  • reminders via emails
  • receivables control
Litigation
  • 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
  • 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
  • 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
  • filing creditors claims
  • representing clients in creditors committee meetings
  • bankruptcy process monitoring
  • liquidators communication
  • regular reporting to client
  • assets recovery

DEBT COLLECTION SERVICES IN BRUNEI

No Recovery-No Fee.
CLAIM PROCESSING
  • 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
NEW CLAIM
Our lawyers do their best to collect your credits
COLLECTION EFFORTS
1
2
3
3.1
  1. Get Proposal
  2. Forward for Client's Approval
  3. Collect Payment to Client
  4. CLOSE the File
Whether Debtor Responds Positively (if yes)
3.2
  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)
3.3
  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)
4
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
REPORTING
NEED TO COLLECT YOUR DEBT?
WE CAN HELP YOU!

Just fill in the form and we will revert to you ASAP
FOR DEBT COLLECTION IN ASIA:

TEL: +86-532-82-02-2526
EMAIL: asia@cisdrs.com

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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