CIS DRS

ACCOUNTS RECEIVABLE IN FRANCE

CIS DRS is ready to assist your business. We are an international law firm in collection services in France. We have a meaningful experience in amicable debt recovery. Furthermore, we know how to save business relations with your partners and are ready to preserve the credibility of your company. Cooperating with us, you can continue the partnership in other industries.

A full-service law firm provides an international B2B debt collection service during the last decades. We have gained credibility over the years and became influential in the practices of debt restructuring, debt collection and worldwide alternative dispute resolution.

Accounts Receivable IN FRANCE

Does your company have French partners who do not fulfill account charges? French companies are one of the worst payers in Europe, so it would be difficult to control accounts. The French economy is medium-sized and small enterprises, information about which is less affordable.

CIS DRS is an accounts receivable agency, which cooperates with French lawyers. Our experts specialize in account receivable cases and accompany you for all your issues of unpaid invoices. Our specialists have the necessary knowledge and experience to make your debtor pay the debt and late payments jeopardizing your cash. With our expertise we can get fast payment of amounts owed by your debtors. We will do our best to return your money.

International accounts receivable financing in France

Based on our experience, we can argue that collecting an invoice is very difficult with a French trading partner. You are confronted with different challenges and business practices, different regulations, and customs than those you are used to. That makes receivable recovery in France a time-consuming process. Hiring CIS DRS law firm for AR collections in France can help you retrieve your payment as soon as possible.

Advantages of AR financing with CIS DRS in France

1
Native French-speaking debt collection experts. Our specialists have no language barrier and no misunderstanding. They are fluent in your language and French.
2
Debt collection throughout France. Our French lawyers work throughout France and have offices in many cities.
3
Knowledge of local laws. Our French colleagues, who specialized in the collection of accounts receivable, have extensive experience and knowledge of French legislation.
4
Knowledge of culture and understanding of doing business in France. We have a deep understanding of the commercial customs and culture of doing business in France. We understand well the specifics of doing business and negotiating with partners.
All this contributes to more constructive interaction with your debtor, and also significantly accelerates the payment of amounts on debt.

AR accounts receivable process

Many companies pay after the payment term has passed. The chances that you will have an unpaid invoice are likely. Use our law firm for successful overdue receivables in France.
When we are dealing with debt collection in France, we can divide this process into two stages. The first stage is out-of-court cases. When you transfer a claim to us, our local France-based law firm starts the account receivable against your French partner.

We try to avoid the need to go to court, as legal costs are often very high. The maximum duration of out-of-court cases lasts a couple of months (around 85% of cases, depending on age and amount of the debt). We will send a letter of demand to the debtor and contact him by phone. We will try to resolve the dispute with your debtor before the commencement of legal proceedings.

If this does not give results, we proceed to the second stage - court cases. We will always inform you in advance about all costs. We do not take any action if we have not warned you about this and have not agreed on all the nuances with you. We only perform targeted legal actions immediately after amicable interventions when possible. Our experts also optimize fees with lawyers and bailiffs.

Our specialists provide accounts receivable services at the highest level. We give the best results. Our clients are totally satisfied with our work. Contact us today, because we know how to get your money back.
AT A GLANCE
Serving Clients in FRANCE 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 PORTFOLIO MANAGEMENT IN FRANCE

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: +44-204-577-06-96
EMAIL: europe@cisdrs.com

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