CIS DRS

OUTSOURCE DEBT COLLECTION IN TURKMENISTAN

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

Outsource debt collection in Turkmenistan

Of course, it becomes a challenge to find someone in Turkmenistan, especially when they have debt and failed obligations to pay you. That is why our local team is hard-working every day in order to help our clients return their money.

Nowadays it is quite common practice to work outsource, especially during this pandemic time. Therefore, we made everything possible in order to build the strongest chain of local lawyers and debt collection managers to reach our goals for the safe business of our clients.

We are not only a debt recovery agency but also the lawyers who work for its clients and provide them with excellent client service, which is the main value of our company.

Therefore, our outsource B2B practice in Turkmenistan has already become the most ordered service to resolve the credit issues of our clients.

Risks evaluation

We also understand that it is quite important not just only to collect failed payments for our clients, but also to prevent further risks for such sensitive issues. That is why our lawyers work to find all the weak points of the agreements and advise our clients accordingly.

It allows us to keep long-term relationships with our clients and increase their income avoiding unnecessary and inconvenient issues with commercial partners.

Additionally, we take full responsibility for our results in your cases. It means that you don’t have to search for investments in order to hire us.

If you want to know more about the status of your case, our managers would be happy to provide you with a report on every stage of your case. Be sure that our team will do everything possible to reach your main purposes in our mutually beneficial cooperation.

Please, also keep in mind that we are ready to be with you at every stage of the case. Therefore, if it is necessary, we will go for litigation and show your debtors that it is a bad idea to even think about avoiding their payment obligations.

We are working for a success fee in amicable debt collection

One of our main features is to work for a success fee and not for hourly fees. When you get your money and confirm the safe receipt of the funds, only in this case we can pretend on our reward. Hence, your profit and fulfillment of obligation from your client’s side are our main purpose.

Our decent international practice allowed CIS DRS to be a worldwide well-known company with a huge portfolio and prospects for reaching the top level of the field. Consequently, we will be happy to review your application. Send your collection request via the form below.
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)