CIS DRS

DEBT COLLECTION IN SPAIN

Debt portfolio management & Debt collection in SPAIN
We recover your bad debts for the success fee.

Who we are?

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
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 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
  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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