B2B DEBT COLLECTION IN UZBEKISTAN

The main workflow of each business is providing services or products in exchange for payment from clients. Considering the risks of trade and local markets, businesses often face the problems of receiving money from their counterparties, the obligations under contracts may often go unfulfilled. Nonpayment of business-to-business (B2B) debts can be a reason for the deterioration of commercial relationships and reducing the income of your company.

As a debt collection agency CIS DRS manages debt portfolios of clients from various industries and countries, including Uzbekistan jurisdiction. Our teams of entrusted lawyers focus their efforts directly on the recovery service, and not waste time on routine work. We try to automate as much as possible all internal processes when handling recovery cases such as: mailing to debtors, calls, templates of documents, reminders, tracking court hearings, etc.

Our team works with a lot of people and companies from Uzbekistan. At any time, attorneys, chartered accountants, and finance professionals are able to help our clients. If it is necessary for urgent actions, we have a spread network of local outsource lawyers. The services of our agency include the set of procedures and measures of amicably debt collection for the B2B. It could be the full set or come off its separate stage, namely preliminary collection (pre-collection, due diligence), soft collection, hard collection, legal collection (including insolvency procedure and enforcement of judgments). Our team continues control during all stages until the full recovery.

Our international agency is ready to assist you in debt cases of varying complexity, including the cases with the long delays of payments. A debt collection agency is a potential way to avoid the unwanted public attention of litigation and the additional losses for long-term enforcement procedures.

Our lawyers succeed in negotiations not only with local companies but also with government authorities and key companies in Uzbekistan. We know the most efficient leverage on the debtor, considering local laws, court practices, traditions, mentality. For many years of work on the market, we are aware of all the peculiarities of the mentality of local people, the principles of local companies, and the customs of local business. By the way, "YES" in Uzbekistan does not mean the usual "YES, the issue will be resolved on agreed terms".

Our numerous worldwide clients have already received their money back, including additional compensation for delayed duties. Some of them received a return of the goods and others kept receiving regular partial payments. But all of them obtained much more, they keep maintaining business relations with their customers, saving the credit trust, reputation, and the distribution channels for their services and goods in Uzbekistan.

If you have any additional questions or inquiries, please, give us a call or drop us a line using the contacts from the website below.