The debt collection is a complex and painstaking procedure for creditors. It requires only a team of professional lawyers with extensive experience in pretrial negotiations and drafting commercial and other legal documents of various complexity.
CIS DRS is a worldwide international debt recovery agency that provides commercial B2B debt recovery services. CIS DRS also operates in the Kyrgyzstan Republic. The network of global partners include several offices around the world, which greatly helps our debt collection results in the CIS region.
The key feature of debt recovery in Kyrgyzstan is the absence of professional agencies in the country. Therefore, if your goods or services credits have not been paid and you aim to return the payment, the only visible solution is to hire an international law firm. Moreover, such a company needs to act under the civil code and other national laws of Kyrgyzstan.
For such situations CIS DRS looks like reliable partner having many years of experience in debt collection, especially in the CIS region. This, of course, includes Kyrgyzstan, and helps you to feel the excellent client service delivered globally.
Cooperation with the team of professional debt recovery lawyers helps you to increase the efficiency of collection, improve the payment discipline of your clients and counterparties, and minimize image risks. All mentioned points are strictly aligned within the framework of national legislation and using the world's best practices in B2B debt recovery.
CIS DRS Debt Collection Services in Kyrgyzstan
CIS DRS provides all types of debt collection solutions in Kyrgyzstan, including complete information research of the required data; conducting due diligence of the debtor; drawing up an official letter of claim; a full range of negotiations with debtors trough letters, emails, messengers, phone and conference calls, personal meetings, site visits, etc.; preparation of all necessary legal documents, petitions, claims, lawsuits; further support of the case until a positive result.
You can be sure that our lawyers will provide exceptional performance to return your money in full compliance with international and national legislation, as well as under local business rules and customs.
Kindly note that the most effective way to recover your costs in Kyrgyzstan is an alternative B2B dispute resolution. However, if you decide to enforce debt collection through the courts, our lawyers will also help you with the selection of the best outsource legal support for each specific case. Our agency has partners in 145 countries of the world, and debt recovery in the CIS region is our strong point of expertise.
CIS DRS Collection Advantages in Kyrgyzstan Region
We are deeply convinced that only professionals can offer the best service. Our long-term experienced company, which is a TOP-leading law firm in International Alternative Dispute Resolution and Debt Restructuring, guarantees you excellent client service. This is among the key values of our team.
We are confident that we can get a positive outcome based on the results of our work. That is why we cooperate with our clients on a Success Fee pricing model. This means that you pay for our services exclusively for a positive result and returned funds.
Our company works with its own IT platform and solutions, which uses deep data analysis. Moreover, you can be confident about the protection of personal data and commercial secrets. Our team operates following the GDPR regulation. Furthermore, we create a personal tailored approach for our clients on our platform. This helps you to check the actions of our lawyers in your case, statistics of collections and communications, etc at any second.
Accordingly, if you have outstanding debts in Kyrgyzstan and you want to return your money as quickly as possible and on positive terms, you can send us your request.
AT A GLANCE
Serving Clients in KYRGYZSTAN for more than two decades
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
portfolio analysis
control of payment terms
timely reminders
soft communication with clients
advisory regarding billing cycles
reminders via emails
receivables control
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
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
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
filing creditors claims
representing clients in creditors committee meetings
bankruptcy process monitoring
liquidators communication
regular reporting to client
assets recovery
DEBT RECOVERY IN KYRGYZSTAN
No Recovery-No Fee.
3.1
3
Our lawyers do their best to collect your credits
COLLECTION EFFORTS
2
Verifying Debtor's Address
Checking Debtors' Status in Database
Brief Report to Client
Case Strategy Design
CLAIM PROCESSING
1
Confirmation Receipt
Claims Automation System
Case Processing Starts Immediately
NEW CLAIM
Get Proposal
Forward for Client's Approval
Collect Payment to Client
CLOSE the File
Whether Debtor Responds Positively (if yes)
3.2
Send In-house Demand Notice
Whether Disputes (if yes)
Get Proposal from Debtor
Forward for Client's Approval
Collect Payment to Client (if approved)
Suggest Court Case If Worth (if no)
CLOSE
Whether Responds Negatively (if no)
3.3
Convince for Amicable Settlement
Get Proposal
Forward for Client's Approval
Collect Payment to Client (if approved)
CLOSE
Whether Disputes (if no)
4
You always receive reports regarding our efforts in time
Current Status of Each Case
Collection Efforts Our Lawyers Have Already Done
What Should Be Done Further
Expected Outcome Or Suggestion
REPORTING
NEED TO COLLECT YOUR DEBT? WE CAN HELP YOU!
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