CIS DRS

DEBT MANAGEMENT IN RUSSIA

Debt portfolio management & Debt collection in RUSSIA
We recover your bad debts for the success fee.
What does debt management look like?
Debt management looks like a set of various kinds of actions to handle claims starting from the initial stage of accepting a batch of claims and up to the stage of successful completion (payment, judgment enforcement, non-collectible status).

The first stage is portfolio analysis. It is important to check the documents of the counterparties carefully to find the weaknesses of the debtor's companies and draw up the project road map for negotiations. The next stage is the phase of negotiations with the debtor concerning debt recovery. The final stage is about obtaining confirmation that the payment has been made and the debt no longer exists. Creditor receives report about timely recovered costs.

CIS DRS provides services worldwide and is always aimed at acnieving the maximum performance in the shortest possible time. While doing so we take into account the specifics of each case.
Debt Management in Russia
Despite the fact that Russia is a fairly large country, there are plenty of issues for CIS DRS to collect debts from companies anywhere across the country. We have been dealing with the issue of debt recovery in Russia for a long time. Therefore we are well acquainted with the specifics of business, economy and culture in various regions throughout the country.

Our agency always approaches the solution of each case with an individual roadmap. Teams are always focused on finding the most beneficial way to resolve the situation for creditors.
AT A GLANCE
Serving Clients in RUSSIA for more than two decades
Debt Collection in Russia
  • 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 in Russia
  • portfolio analysis
  • control of payment terms
  • timely reminders
  • soft communication with clients
  • advisory regarding billing cycles
  • reminders via emails
  • receivables control
Litigation in Russia
  • 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 in Russia
  • 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 in Russia
  • 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 in Russia
  • filing creditors claims
  • representing clients in creditors committee meetings
  • bankruptcy process monitoring
  • liquidators communication
  • regular reporting to client
  • assets recovery
PRESENCE
Russia Head Office is located in Moscow
Moscow
Saint Petersburg
Novosibirsk
Yekaterinburg
Kaliningrad
DEBT MANAGEMENT IN RUSSIA
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 EUROPE:

TEL: +44-203-582-1943
EMAIL: europe@cisdrs.com

1 ROPEMAKER STR, LONDON,
EC2Y 9HT, UNITED KINGDOM

We work Monday to Friday, 9 AM - 6 PM (GMT)
Made on
Tilda