CIS DRS

OUTSOURCING DEBT COLLECTION IN FUJAIRAH

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

CIS DRS experience in outsourcing debt collection agency in Fujairah

When it comes to debts in any B2B business many people have a different understanding of the process. Our associates in CIS DRS are well aware of the entire process from the very beginning. For regions like Fujairah, it is extremely important to receive payments on time. As it appears in practice, many companies from that region struggle with getting paid for what is owed. Such a case creates a list of issues for businesses on both sides.
In general, there are two ways on how to settle late payments. Companies either can get help from the court, or outsource third-party debt collection agencies. In practice, the majority prefer the 2nd solution. In Fujairah, third-party collectors are able to give you several solutions to the issue. That is why it is extremely important to outsource the right external debt collection agency.

What can CIS DRS do for your business in Fujairah?

For many years CIS DRS has been helping its clients in the field of debt collection and recovery worldwide. For regions like Fujairah, it is extremely important to be able to communicate in the native language in all kinds of communication. In CIS DRS we understand that a true key to an amicable settlement lies in the understanding of each other. For that reason, our external debt collectors are able to conduct negotiations in their native language as well.
Over the years of practice, we have developed a particular way of handling debt collection cases. Firstly, we analyze the financial situation of the debtors and look for additional information. After that, we send a letter of the 1st demand and call debtors to ensure they got the letter. The most important part is conducting negotiations. As an external debt collection agency, we always represent our clients in the best possible way during negotiations with the debtors. We are aware that maintaining good business relationships is quite important in the B2B world.

The main benefits of a third-party collection agency?

There always has been a debate regarding the effectiveness of debt collection and recovery in the Fujairah region. In practice, there are more advantages than disadvantages.
1
Outsource collections save time for the companies as it does require more time than is anticipated.
2
Third-party debt collection agencies help not just to collect late payments but also to maintain good business relationships.
3
There is no need to hire additional staff or train employees to perform the task of debt collection.

Team of experienced external debt collectors for success in your business.

Our teams in CIS DRS with established partnerships and offices have more than 10 years of experience in the field of debt collection and recovery. We value the time of our clients and we try to provide an excellent service.

For more information, please, contact us and fill in the form below.
AT A GLANCE
Serving Clients in FUJAIRAH 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 FUJAIRAH

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)