CIS DRS

DEBT COLLECTION IN MONACO

It is necessary for business in Monaco to have an opportunity to return money back from an unreliability counterparty. Each mercantile but not exclusively, the company needs to have a reliable legal representative who can support with an efficient procedure of debt recovery as fast as possible. In this case, to order services of the international debt collection agency is the most appropriate variant.

The legal services of CIS DRS

CIS DRS proposes a list of services which consists of: credit management, Individual Amicable Debt Collection, International Commercial Arbitration, International Commercial Debt Litigation, and International Enforcement of Judgments. It is easy for our company to find and reach the debtor around Europe and worldwide. Our lawyers have a related experience of providing detailed informational research regarding any form of a commercial company in Monaco. We can find out the previous cases of non-performance of obligations of your unreliable counterparty and use this information for efficient debt collection.

Advantages of CIS DRS

Our company has many years of experience in the settlement of the most complicated cases in Monaco. Our work will help you to stay focused on your business and not to waste time on untrustworthy counterparties. It is necessary to know that negotiation regarding the returning of money has to be accompanied by the best lawyers in debt collection. Each of our lawyers has excellent experience of holding negotiations in foreign languages that help us to recover your debt as successfully as possible.

Motivation to order our debt collection services

The most important value of our company is excellent client service. Our clients are always informed about the status of our work on the case. Our lawyers are preparing the reports where specified each step of the negotiation with the debtor. Besides, you pay only after receiving the payment from the debtor, not for hourly fees. Therefore, we work only for results.

Once you have a claim to work with, please, send us a request via the form below.
AT A GLANCE
Serving Clients in MONACO 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 MONACO
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)
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