DEBT MANAGEMENT IN RUSSIA

Debt management looks like a set of various kinds of actions to handle claims starting from the initial stage of accepting a batch of claims and up to the stage of successful completion (payment, judgment enforcement, non-collectible status).

The first stage is portfolio analysis. It is important to check the documents of the counterparties carefully to find the weaknesses of the debtor's companies and draw up the project road map for negotiations. The next stage is the phase of negotiations with the debtor concerning debt recovery. The final stage is about obtaining confirmation that the payment has been made and the debt no longer exists. Creditor receives report about timely recovered costs.

CIS DRS provides services worldwide and is always aimed at acnieving the maximum performance in the shortest possible time. While doing so we take into account the specifics of each case.

Despite the fact that Russia is a fairly large country, there are plenty of issues for CIS DRS to collect debts from companies anywhere across the country. We have been dealing with the issue of debt recovery in Russia for a long time. Therefore we are well acquainted with the specifics of business, economy and culture in various regions throughout the country.

Our agency always approaches the solution of each case with an individual roadmap. Teams are always focused on finding the most beneficial way to resolve the situation for creditors.