CIS DRS

DEBT MANAGEMENT IN MALAYSIA

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

Debt management overview in Malaysia

For many companies, it has become more and more difficult to manage finances over the last 10 years in Malaysia. As a result, a lot of businesses are struggling to complete their payments to the creditors on time. In case such a situation happens, a debt management program (DMP) is the best solution.

Debt management is a set of actions which include counseling, restructuring of debts, negotiations with the creditors, and so on. Unfortunately, this issue has become very crucial for many countries, including Malaysia. As statistics show it is extremely difficult for many companies and individuals as well to manage their payments and complete them on time. That is why a Debt Management Program can be the best solution for you.

In Malaysia the process of the Debt Management Program is the same as in every country, however, with regard to specific requirements of the creditors, it could be adjusted and modified. Most of the time it is difficult to manage the debts alone, and for that reason, many companies hire a debt management company to help with the finances and debt management. A debt management agency is able to contact your creditors and work out the best payment plan between two parties.

The main advantages of debt management

Kuala Lumpur, Wilayah
The debt management process can be considered as one of the most difficult ones and could be really complicated in Malaysia. Nevertheless, there are some advantages. Firstly, in Malaysia, it is extremely important to maintain good relations. That is why debt management service helps you to keep relations with your creditors. When hiring a debt management company you engage professionals to represent you and to manage the best solution for you. This helps you not just to pay the bills, but also to keep good relations with your creditors.

Secondly, it is time-saving. Many companies are aware that even making the payment plan could take some time. With the help of a debt management company, you will be able to learn more about debt management in general in order to avoid any complications in the future.

What can CIS DRS provide for you with in the debt management?

We in CIS DRS understand how difficult debt portfolio management can be in Malaysia. That is why our experts have developed several stages of the debt management program. Firstly, we analyze the whole financial situation of the case and provide our feedback. Next, we gather the contact information of the creditors to understand the urgency. The next step is making a list of priority and non-priority debts. After that, we draft the debt repayment plan based on the priority. After that, we contact the creditors and negotiate the best deal for you. It also should be mentioned that during the entire process we provide you with financial counseling.

The team of experts for successful debt management

CIS DRS has more than 10 years of experience in helping and managing debts for many clients worldwide including Malaysia. Our teams of experts are specialized in debt management in the Malaysia region. We are sure that with strategic planning it is more than possible to achieve the best result. In addition, our established partnerships worldwide help us to reach creditors within the shortest time and negotiate the best repayment plan for you. For more information, please, fill in the form below.
AT A GLANCE
Serving Clients in MALAYSIA 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 MALAYSIA

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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