Unfortunately, our world is not perfect. In this regard, in the commercial practice, we do face such problems as non-recovery of the debt in B2B relations. Reasons may be different - debtor's insolvency, his bad faith, cash flow issues, the dispute between counterparties and et cetera. But in all of these situations, the problem still exists and needs to be resolved. Therefore you need to find someone who can resolve such types of issues with outbound payments. And the best choice always will be a debt collection agency
For example, in Lebanon, the statute of limitation is a 10 years term for the debt to be allowed for the collection process. However, there are special exemptions. Hence, you need to be 100% sure that the debt does have a proper limitation period to allow it to be transferred into the debt collection.
Additionally, you need to consider the cultural peculiarities of the people of Lebanon. For example, they do like prevention work of the details, which will be a subject of negotiations. Their approach to etiquette prohibits the counterparty to provide direct answers, to be categorical. Additionally, they don't like fuss, haste. They like to save face for their own as well as for their counterparty. Reneging on the deal entrepreneurs explain in the mildest, veiled appearance. Mainly, business always runs fairly, fraud is effectively stopped and unfair behaviour is accused by the business community.
But those are not the only characteristics which need to be considered while returning your money. You need to find a really good agency to return them from somewhere in Asia because the cost of a mistake there is pretty high. And CIS DRS is the key. Why?
CIS DRS is the key
We are among leading debt collection agencies, and it is not for nothing. You can receive our services not only nationwide, but worldwide. We build the largest network of connections between debt collection agencies and law firms. Due to this, we personally know lawyers in many countries. Therefore, if you will face such a problem as runout of the debtor abroad from Lebanon, or "purse company" too will be abroad, don't worry. We will do our best to receive the payment.
And in conclusion to all mentioned above, we are the best not only for the financial results and area of our business. We do provide our clients with direct data statistics, reports from our lawyers, the best client managers, a "no win, no fee" basis and even more. CIS DRS helps you to become richer, save what you've earned and return what you've lost.
You may file your collection request via the form below.
AT A GLANCE
Serving Clients in LEBANON 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 COLLECTION SERVICES IN LEBANON
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!
Just fill in the form and we will revert to you ASAP