CIS DRS

DEBT COLLECTION IN MONTENEGRO

First of all, if you had experience in negotiations with any partner from Central Europe, you do know about how and why they provide negotiations. The justified and equal opinion is the key when we are talking about this region. But not the only. You do need to have the persistence and right way to show your position.

Secondly, this position must be bound not only with your conception of what is right and what is wrong. Montenegro is a part of the romano-german legal system which means that you won't kill them with just one or two precedents. You need to have a comprehensive and objective line of your arguments, which will consider the traditional contractual law in this region.

Can't receive your money from the debtor in Montenegro?

Due to the non-stability of the contractual relations nowadays almost everyone faced problems in receiving money according to the contract. Hence, recovery of the debt from the company is an issue you can face almost everywhere. And, as a rule, those kinds of problems are resolved legally. But also not in a regular way.

The power of negotiations is the key in most commercial deals. In this regard, there is the question - "why can't we return our credit through negotiations?". And the answer is in front of you - debt collection agency. If your question is "how can they collect my money in Montenegro?" we have an answer.

CIS DRS make it possible

So, how CIS DRS does all those things for their clients? It is a pretty simple, but effective set of instruments, which you can see on our website. Of course, the core of it is negotiations in all the ways - personal negotiations, letters, emails. However, you do need to prepare your case for it. We do this through analysis of the contract and other mercantile documents for your debtor; checking of the debtor's solvency; drafting of the official demands. Of course, it is necessary to control agreed instalments, or maybe even to draft and change restructuring plans et cetera.

Perfect choice to assist in debt recovery worldwide

The obvious question in the mentioned situation with the problem of receiving any payment from the debtor is "which agency I need to choose"? So, here is our business and opportunities for you: top law firms in debt collection; personal connections with lawyers all over the world in more than 160 countries; trust from the client from Fortune 500.

Additionally, we have excellent client service, which is our key to success. When we say excellent, we mean that no other agency can reach that level. Personal client manager for the key client, data analysis, reports for every case we received. And no matter what is done by us, you will never pay, until we will have the job done. "No success - no fee".

This is how we do it, and this is why we don't feel embarrassed when we offer our services. Years of excellent practice and constant learning led us to the position where we are. So, we continue our path to our goal, and we hope that we, CIS DRS, will be your companion to your aims.

Please use the form below to leave your request on debt collection.
AT A GLANCE
Serving Clients in MONTENEGRO 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 MONTENEGRO
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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