CIS DRS is a worldwide debt recovery agency with decades of experience and excellent client service. We are a B2B focused team of lawyers that has wide recognition in Europe. CIS DRS has gained extensive working experience with International companies, credit organizations in managing debt settlements across borders.
What kind of services will you receive in Iceland?
CIS DRS provides primary collection, intermediate collection, and legal collection. In other words, we offer complete services in credit recovery to our clients, from the amicable to the legal phase and full support from the very beginning to the successful recovery. Of course, such a process is transparent and is without any operational costs (informational research, conducting negotiations, meetings, phone calls, e-mails, visits) to our business clients, because we only get paid in case of success. No payment no fee.
Our key advantages and expertise.
Quality is our priority. This is one of our core values. We are a long-term partner for all its clients, providing them with the expertise needed and increased cash flow; through an efficient credit collection policy.
Our lawyers use technology that has been developed in international cooperation and is recognized around the world. We aim to provide you with the best recovery services by making sure that: our correspondence is transparent, prompt, and in the language that you and your debtor speak; our collection procedures are carried out following strict workflow; our collection operations set the bar for ethical collection practice. This means you not only have skilled collectors but reliable advisors as well.
Why do you have to choose us?
We know how important your business relations with your customers are to you. Our first recovery efforts will always be amicable and soft. By sending letters, arranging telephone calls, and site-visits, we aim to find out-of-court solutions. Only when amicable efforts have proven unsuccessful do we propose court action.
Furthermore, we constantly stay in touch with you, answer all your questions, keep you fully informed of our progress, and ensure the optimum outcome for your business.
For sure, each case is individual and requires a unique way of problem solving. If you wish to discuss your file(s) and the possibilities, do not hesitate to contact us via the form below. Trust in our experience to collect your international debt.
AT A GLANCE
Serving Clients in ICELAND 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 ICELAND
No Recovery-No Fee.
3.1
3
Our lawyers do their best to collect your credits
COLLECTION EFFORTS
2
Verifying Debtor's Address
Checking Debtors' Status in Database
Brief Report to Client
Case Strategy Design
CLAIM PROCESSING
1
Confirmation Receipt
Claims Automation System
Case Processing Starts Immediately
NEW CLAIM
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!
Just fill in the form and we will revert to you ASAP
ADDRESS:
1 Ropemaker str, London, EC2Y 9HT United Kingdom
Kirschenallee 20, Berlin, 14050 Germany
ul. Opolska 110, Kraków, 31-355 Poland
We work 24/7/365, but please contact us Monday to Friday, 9 AM - 6 PM (GMT).