CIS DRS

DEBT PORTFOLIO MANAGEMENT BELARUS

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

Debt portfolio management in Belarus.

In case you are working with the counteragent in Belarus you can sometimes face difficulties with getting finances from him in time. Especially, it is often related to the matter of long-term cooperation on fulfillment of big contracts.

Surely, it leads to debt incurrence, which can gather for several months or years, depending on the activity of your company. It is always difficult to handle accounts payable by the company itself because it requires at least a few specialists or a team of ones, who would know how to work with the delayed financial liabilities.

Money is always needed to develop your business, however, as the practice shows, counter agents who have once broken their obligations to pay, are not willing to return finances timely and make payments correctly further.

The existing and development of the entity requires strict control on expenses, debts, credits, and assets of the company. In this case, debt portfolio management can be just the right thing to help your company to go through difficult times or to keep all the finances under control.

Of course, debt portfolio management is rather a difficult area and requires an expert team, which can help you to predict problems, work with the existing ones and provide you with collection services if necessary.

And if you have partners in Belarus, who are not paying their bills timely, you definitely need a local specialist or a team, who can help you with issues with partners.

Belarus is a part of the CIS area, where business is not working as it does in the EU region or the USA. Common companies have different cultural aspects, which are based on trust, status, reputation, and customary business practices. It is very difficult to understand whether the debtor in Belarus is willing to pay obligations and how to understand whether any agreement has been reached.

Moreover, it is quite difficult to catch up with the local legislation to understand how the financial laws work, and how you should deal with them.

So what should be done in case of existence of a debt portfolio?

This question worries you, in case you are reading this material. In this case, you can either create a team, which will study how to deal with the debt portfolios or hire a team of specialists with expertise in this area.

If you choose the second option, CIS Debt Recovery Solutions is a worldwide international collection agency, which can assist you to deal with the debt portfolio and its management in Belarus.

Our company provides its clients with a big range of services, for example, B2B (commercial) debt recovery, outsource debt collection, outsource debt portfolio management, amicable debt collection, commercial arbitration, commercial debt litigation, enforcement of judgments, enforcement debt recovery, etc.

Please fill in the form below and our collection team will start efforts for your convenience.
AT A GLANCE
Serving Clients in BELARUS 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
COMMERCIAL DEBT RECOVERY IN BELARUS
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: +44-204-457-0696
EMAIL: europe@cisdrs.com

1 ROPEMAKER STR, LONDON,
EC2Y 9HT, UNITED KINGDOM
We work Monday to Friday, 9 AM - 6 PM (GMT)