CIS DRS

COMMERCIAL DEBT RECOVERY IN TURKMENISTAN

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

Commercial debt collection in Turkmenistan

Someone could say that it is almost impossible to resolve payment issues and problematic debt matters in Turkmenistan. However, our local lawyer and debt collection managers would not agree with this statement.

Our commercial debt recovery B2B practice has been showing its decent results here for more than 6 years yet. Hence, our international CIS agency will surprise you even in impossible cases.

We are well-known for our worldwide clients for purpose orientation in work and excellent client service.

Numbers are talking for themselves

Of course, someone would think that it is just proofless, but in our practice, only 2% of cases are going to the litigation stage and enforcement recovery. These numbers show that our negotiators are almost the best in the amicable debt recovery field.

In this field, nobody will give you a 98% guarantee of debt recovery. But our company gives the best guarantee.

It doesn’t mean that we are not ready to go to court on your behalf. We would be happy to prove our competence and high performance. Our professional and experienced legal team will protect your interest and fight till the end to return your money.

We work only for a success fee and do not pretend on any money if you do not confirm the safe receipt of funds. We believe that it is very important to be part of an ecological business environment, which doesn’t need additional investments from you in order to get your money back for failed obligations of your clients.

The result of this mindset has already been proven by the gratitude and success of our clients.

We are here not only to return your money

We know that in some cases it is necessary to resolve the issue quickly. Besides that, we believe that it is a big contribution in long-term partnership not only to help you to return the money as soon as possible but also to prevent such issues in future.

Our outsource lawyers will review and investigate your cases and agreement in order to satisfy your needs in commercial credit relationships with your clients.

It will allow you to run your business without the big risks of losing your income for provided service. In these unprecedented times, we would like to be the one who secures the reputation of its clients with hard work.

All of this might be something that sounds way too good to be true. Consequently, we are ready to be tested by your cases. Leave your application on our website cisdrs.com and we will contact you shortly in order to surprise you with our service.
AT A GLANCE
Serving Clients in TURKMENISTAN 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 IN TURKMENISTAN

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)