CIS DRS

DEBT RECOVERY IN DUBAI

Debt portfolio management & Debt collection in DUBAI
We recover your bad debts for the success fee.

CIS DRS services in Dubai

CIS DRS provides debt collection and debt recovery services worldwide. Dubai is one of such places. The Original reason for the rapid development of Dubai was the wise strategy of the rulers. More and more companies use the port of Dubai to service their cargo nowadays. One more important reason for the attractiveness of Dubai as a business center is the presence of the convenient tax and geographic conditions. Thus Dubai has become the financial and commercial center not just in UAE, but even in the whole Middle East region.

So, it is logical that companies from Dubai have high trade activity. Many companies work in B2B. But, at the same time, not all of them are fair enough to each other, and honestly fulfil their obligations in terms of invoice payment. This happens for many reasons. But the key point here is that more and more companies needed assistance in returning debts. Meanwhile, CIS DRS has helped a lot of them to receive their money back and secured payments under the agreements.

The advantages of the services that CIS DRS provide in Dubai

CIS DRS has been engaged in debt recovery in Dubai for many years. Our lawyers have enough experience and practice in acting on behalf of our respected clients. While working with the unpaid invoices we have developed a set of different methods, approaches and ways to achieve the best performance for our clients.

It should be noted that debt collection in Dubai has its own differences unlike other countries. Since Dubai is a popular place for trade operations, many people from all over the world incorporated companies here. Thus, it is very important to identify the exact shareholders and management of the counterparty. In order to achieve it, our agency always performs detailed information research through the databases and local registers from various countries. Additionally, we cooperate with local representatives to have as much important and valued information about companies.

At the same time we are always striving to secure the repayment for our client in the shortest possible time. In order to accomplish this, we conduct constant negotiations with their debtors. Despite our correspondence and phone calls we arrange online and offline meetings too. According to the fact that the main part of the goods that are delivered to Dubai via the port, we permanently check whether the cargo was delivered in time, and in necessary conditions with regard to agreed terms. Also, considering the fact that Dubai became very international, we always chose the personal approach to the debtor taking into account the origin of the company and its leadership.

Why it worth ordering CIS DRS services in Dubai?

One of our core principles while performing under the debt collection project is to keep good and loyal trading relationships between the counterparties. As a result of our successful work under debt recovery in Dubai, our agency has received a high level of trust from different companies. We always aim to provide the best result for our clients within the shortest time with a high quality level of excellent client service.
AT A GLANCE
Serving Clients in DUBAI 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 RECOVERY IN DUBAI
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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