As in most situations in contract relations proper fulfilling of the obligations is not what happens each day. B2B credit relations are not an exception. Malta is one among many countries where our international lawyers assist every interested company in alternative dispute resolution. Moreover, having experience in negotiations in Malta CIS DRS is the best choice as a highly specialized debt collection agency to hire.
Litigation is not an option in disputes because you have to face many official procedures and legal issues in the process. It means a high cost of legal service in this area and wasting time on it. This is where a high-quality debt collection agency is the best choice for you in Europe.
The main features of debt collection in Malta
However, if we are talking about Malta, we do need to consider such peculiarities in the debt collection process as, for example, terms within which you can claim for the payment from your counterparty or cultural features.
In most cases, there is a 5 years limitation period. But there are exemptions to this rule, and you do need to consider it. What is about culture - first of all it is language - good English and Italian will help you a lot in negotiations. However, the mindset of the people of Malta has its specifications - aims of negotiations, way of communication etc. In this regard, it is pretty important to cooperate with the local debt agency.
CIS DRS works worldwide, and Malta is not an exception.
Why should you order CIS DRS for debt collection in Malta?
First of all, your mercantile interest is as important for us because we would like to save your reputation with your further counterparts.
Secondly, we ensure it by our principle - "no win, no fee". So, only if your money is returned to you, only in this situation can we expect any benefit for ourselves.
Finally, the latest technology and proven techniques are used by CIS DRS. Therefore, it allows us to quickly identify a willingness and ability to pay debts and report all substantial progress for creditors.
Additionally, it is necessary to note that CIS DRS undertakes negotiations under the national laws, as a guarantee of legal activities.
Our team performs international debt portfolio management, case recovery, informational research, credit reports, and reporting to clients in order to keep excellent client services, as our main value. You may submit your debt case via the form below.
AT A GLANCE
Serving Clients in MALTA 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 PORTFOLIO MANAGEMENT IN MALTA
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!
Just fill in the form and we will revert to you ASAP