CIS DRS

OUTSOURCE DEBT COLLECTION IN KAZAKHSTAN

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

Why is outsourcing debt collection important for Kazakhstan?

In general, the payment culture in Kazakhstan is relatively high. Many companies from that region rarely struggle in such a sphere. Nevertheless, there are still many companies, especially those in the B2B sphere, which have cases where it is extremely difficult to obtain payments from business partners for goods and services provided.

If such cases arise a company has 2 options: to outsource a debt collection agency or to recover the payments with the help of the court. While both options are considered efficient, the 1st option still prevails. CIS DRS has years of experience in debt collection and recovery for Kazakhstan and it is believed that the outsourcing of debt collection agencies is proven to be the best solution. Mainly, since it provides a company with a possibility to focus on other important business tasks.

What can CIS DRS do for your business in Kazakhstan?

Astana, Kazakistan
Our lawyers in CIS DRS have developed an approach to help companies worldwide to perform such a task as debt collection and recovery. We understand that the return of money from business partners could be complicated, that is why we are always able to modify the strategy in accordance with the requests.

The outsourcing itself may take some time. The most important thing, which any company with a situation of late payments has to understand is that a debt collection agency acts as an official representative. That is why it is extremely important to ensure that the representation will be in accordance not only with the national legislation but also with the business culture of the region.
In CIS DRS we are well aware of both legal and cultural specifics when it comes to conducting negotiations for our clients in Kazakhstan. Firstly, we analyze the financial situation of the company and search for additional information. Next, we send a letter to the company notifying them of the issue and begin conducting negotiations. In case it is impossible to settle the case amicably, we advise our clients to consider the court option.

Outsource a team of professionals for successful debt recovery

Our experts from CIS DRS ensure that each case is taken care of properly following all necessary legal and practical guidelines. We value the time of our clients and that is why we always do our best to collect the payments in a timely manner. For more information, please, do not hesitate to contact us and submit your claim via the form below.
AT A GLANCE
Serving Clients in KAZAKHSTAN 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 KAZAKHSTAN
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)