CIS Debt Recovery Solutions is an international law company which provides its services worldwide. Please, note that we can offer you the following spheres: individual amicable debt collection, international commercial debt litigation and arbitration, international enforcement of judgments, legal structuring of international corporations. Consequently, we are in a position to help you to solve any issue regarding your problem debt in B2B.
What's about Spain?
It should be mentioned that Spain's economy is the 5th largest in the European Union (in terms of nominal GDP) and 12th in the world. Spain is an industrial country, one of the largest economies in Europe and the world. At the same time, the Spanish economy is experiencing serious difficulties which are national debt, low unemployment etc.
Despite the mentioned above, we would like to pay attention to the statistics. Thus, total import to Spain amounted to USD 329 billion in 2020. Compared to 2019, import of goods decreased by USD 45 billion (in 2019, goods worth USD 375 billion were imported to Spain). This situation has risen due to numerous crises worldwide and nationwide in Spain. However, the import was really huge.
Specifically, during 2020 the primary countries with which Spain has trade activity were (this is about not only import, but outbound as well): France with a share of 15.4% (USD 48 billion); Germany with a share of 10.8% (USD 33 billion); Italy with a share of 7.5% (USD 23 billion); Portugal with a share of 7.25% (USD 22 billion); Great Britain with a share of 6% (USD 18.7 billion) etc.
Hence, the Spanish customers keep buying the goods all around the world. Moreover, we suppose that the import will increase permanently. This is considering the fact that the severest crisis regarding the pandemic of COVID-19 has already left.
What about CIS DRS agency in Spain?
Our agency has successfully solved numerous debt collection cases in Europe. By virtue of this fact, we have an outstanding and brilliant practice that allowed us to develop our own approach in collections.
Thus, we are aware of any nationwide, legal and cultural peculiarities. It helps us to make our strategy in negotiations and litigations in a way to return your money within the shortest possible time.
Additionally, we have a plenty of cases that have been successfully collected in Spain and closed by our agency. Please, note that it is really possible for us to proceed with a research of the debtor's company, prepare for the negotiations and convince the person to make the payment even after the first conversation regarding the repayment.
AT A GLANCE
Serving Clients in SPAIN 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 SPAIN
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!
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