In commercial practice, it is very often when someone gives money, provides services or work, and doesn't receive anything for it. This is when debt recovery problems pop up for the credit provider. Therefore, you need to find a solution to this problem. But where can you find it? Of course, you can try to do it on your own. But would it be as effective as it can be done by professionals? Especially if we are talking about a big number of such cases. This is where a debt collection agency is the best choice for you.
If we are talking about the Maldives, it is extremely necessary to find a good negotiator, because due to the obvious circumstances the debt collection process will be distanced. Your company needs to be sure that they will return your money fast and in full. Therefore, good communication skills, knowledge of the psycho profile of the people of the Maldives and their law is the key to success.
"Excellent client service" approach
CIS DRS offers you the perfect approach to collect your money in B2B relations, which is called "excellent client service". What does it mean? It is a way of working, due to which every one of our clients can say that they never received such service somewhere else. It is because we provide them with such advantages as providing them with statistics from our system, their own, personal client managers, making forecasts about outbound payments, providing them with reports from our lawyers and et cetera. All of the mentioned give us outstanding results, which is the cause of the following.
Please send us your debt recovery request via the form below.
AT A GLANCE
Serving Clients in THE MALDIVES 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 THE MALDIVES
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