CIS DRS

B2B DEBT COLLECTION IN GERMANY

B2B Debt recovery & Debt collection in GERMANY
We recover your bad debts for the success fee.

Special characteristics of the B2B debt collection in Germany

B2B debt recovery has its own characteristics, which you need to consider when preparing the case for commercial debt recovery. Every collector needs to know those kinds of things such as access to the information about the debtor's finances, structure of the debtor's company and other important points.

As a rule all the LLC's in Germany have to register with the Commercial Register where they are domiciled. It is pretty helpful to have a check of the statutory capital and to check the status of the debtor's company, which is very important in collecting debt from a business.

First-look information concerning the debtor can be gained of its structure. Sole Proprietorships have full liability for the debts. In Civil Law Partnerships the liability of the partner is unlimited. LLC's is a well-spread form of the businesses (minimum statutory capital should be EUR 25,000 and shareholder's liability bound to their share). JSC's (Joint-Stock Companies) are one of the most popular legal structures for large businesses (minimum statutory capital of EUR 50,000, liability bound to the capital).

Investors from abroad relatively rarely use such forms as partnerships, trusts, cooperative companies and business associations. Additionally, it's necessary to note that foreign companies may set up a registered commercial branch office or representative office.

Receiving money from the German company is a relatively easy issue. DSO (Days Sales Outstanding) is 30 days on average. It is because of the good consciousness of the German partners, as they would like to keep their credit history as clean as possible.

B2B debt collection process in Germany

In this regard, a B2B debt collection agency can consider all the mentioned above information (and others, as a phone number which is better to contact) and get back credit for their clients. Professionalism, achievements and peculiarities of their corporate debt collection services are the characteristics, which you need to consider when you are choosing a commercial collection agency to help yourself in receiving the payment from the debtor.

CIS DRS already helps companies to have their bill paid for more than 10 years. During all this time we have achieved a place among 100 of the best debt collection agencies in the world. It is all due to our "excellent client service" approach, financial results and personal connections in many countries with the local partners, who can help you to find solutions for the debt recovery all over the world.

We are sure that you will enjoy our cooperation, and we will be happy to increase your income and to save what you earned.

Please fill in the form below to get contacted and submit your debt recovery request.
AT A GLANCE
Serving Clients in GERMANY 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 RECOVERY IN GERMANY
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