CIS DRS
B2B DEBT COLLECTION IN BULGARIA
Debt portfolio management & Debt collection in BULGARIA
We recover your bad debts for the success fee.
We recover your bad debts for the success fee.
Experienced lawyers at your disposal
Having global coverage CIS DRS works with the nearest European countries such as Bulgaria. Our qualified debt recovery lawyers have a great experience in Bulgaria, which gives us the right to say that we can help you in debt collection to return your money back. The Bulgarian system of debt recovery does not provide a full and clear picture of the collection procedure.
However, our B2B debt collection practice helps our commercial clients find the best solutions in their relationships with debtors. The key and the most interesting in Bulgaria is the fair local policy of governmental institutions, which allows us to conduct negotiations and work on commercial credit solutions with almost everyone.
However, our B2B debt collection practice helps our commercial clients find the best solutions in their relationships with debtors. The key and the most interesting in Bulgaria is the fair local policy of governmental institutions, which allows us to conduct negotiations and work on commercial credit solutions with almost everyone.
We are ready to accept tough challenges in debt collection
Sofia, Bulgaria
It is necessary to mention that any debt collection agency would have some issues in regard to recovery in Bulgaria. Language and cultural barriers, foreign laws and customs, and sheer distance are all among such challenges.
That is why you need CIS DRS company to be your representative here. We gather lawyers from Bulgaria into teams to assist you. They have special licenses and permissions in order to resolve any problem with the payment in favour of our clients.
Even if your business in Europe and related contracts are concluded with counterparties in Bulgaria we will do everything possible to find a way to resolve debt issues. In addition, our network of lawyers, attorneys, suppliers, and vendors are cherished relationships that allow us to reach the best solutions in many cases. We always keep our promises and inform you of any action done with your case.
Legal proceedings advises
If you prefer to proceed to legal action or receive a report/opinion on that, our qualified lawyers will advise you on the topic. Our main goal is to provide you with the best decisions and further support by investigating your contracts and commercial agreements and the results of negotiations with the debtor.
It will allow you to reconsider your business strategy in work with partners and adjust your contract to the local legislation. Additionally, you will be able to protect yourself in further business relationships with counterparties and be confident.
Of course, if you need us to protect your interests in the local court, our lawyers will be happy to investigate all advantages and disadvantages of pursuing the case to legal proceedings and give you a solution. However, we say that it is always possible to resolve any issue by negotiating and reaching mutually beneficial agreements with parties. This is due to our experience and millions of USD recovered monthly for our clients worldwide.
It will allow you to reconsider your business strategy in work with partners and adjust your contract to the local legislation. Additionally, you will be able to protect yourself in further business relationships with counterparties and be confident.
Of course, if you need us to protect your interests in the local court, our lawyers will be happy to investigate all advantages and disadvantages of pursuing the case to legal proceedings and give you a solution. However, we say that it is always possible to resolve any issue by negotiating and reaching mutually beneficial agreements with parties. This is due to our experience and millions of USD recovered monthly for our clients worldwide.
AT A GLANCE
Serving Clients in BULGARIA for more than two decades
- 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
- portfolio analysis
- control of payment terms
- timely reminders
- soft communication with clients
- advisory regarding billing cycles
- reminders via emails
- receivables control
- 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
- 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
- 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
- filing creditors claims
- representing clients in creditors committee meetings
- bankruptcy process monitoring
- liquidators communication
- regular reporting to client
- assets recovery
DEBT RECOVERY IN BULGARIA
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
- Get Proposal
- Forward for Client's Approval
- Collect Payment to Client
- CLOSE the File
Whether Debtor Responds Positively (if yes)
3.2
- Send In-house Demand Notice
- Whether Disputes (if yes)
- Get Proposal from Debtor
- Forward for Client's Approval
- Collect Payment to Client (if approved)
- Suggest Court Case If Worth (if no)
- CLOSE
Whether Responds Negatively (if no)
3.3
- Convince for Amicable Settlement
- Get Proposal
- Forward for Client's Approval
- Collect Payment to Client (if approved)
- CLOSE
Whether Disputes (if no)
4
You always receive reports regarding our efforts in time
- Current Status of Each Case
- Collection Efforts Our Lawyers Have Already Done
- What Should Be Done Further
- Expected Outcome Or Suggestion
REPORTING
NEED TO COLLECT YOUR DEBT?
WE CAN HELP YOU!
WE CAN HELP YOU!
Just fill in the form and we will revert to you ASAP
FOR DEBT COLLECTION IN EUROPE:
TEL: +44-204-577-06-96
EMAIL: europe@cisdrs.com
1 ROPEMAKER STR, LONDON,
EC2Y 9HT, UNITED KINGDOM
TEL: +44-204-577-06-96
EMAIL: europe@cisdrs.com
1 ROPEMAKER STR, LONDON,
EC2Y 9HT, UNITED KINGDOM
We work Monday to Friday, 9 AM - 6 PM (GMT)