CIS DRS

B2B DEBT COLLECTION IN UK

Debt portfolio management & Debt collection in United Kingdom
We recover your bad debts for the success fee.
Why is debt portfolio management important in the UK?
Debt collection management is one of the most crucial activities for B2B (business-to-business) in the UK. Commercial companies provide all different kinds of services. They always struggle with debt collection for various reasons. In general counterparties are late with their payments for services provided or just ignore their obligations to pay outstanding invoices.

That is why debt portfolio recovery is an essential tool to a sustainable cash flow. This is important especially in the UK since a vast majority of international companies have business relationships within partners in different parts of England, Scotland, Wales, and Northern Ireland.
What are the main features of the debt recovery process in the UK?
Debt recovery and debt collection in the UK and all its parts have peculiarities. Our international teams make sure to comply with all legal requirements before representing clients interests. In the UK in particular, the debt recovery is carried out by the registered and specialized debt collection agencies (DCA). Each DCA has to comply with all the requirements. CIS DRS makes sure that all the actions and techniques used to recover your payments are in compliance with national and international regulations.

In addition, negotiations are one of the most essential parts in debt management. Our agency investigates current business negotiation practices for each country. The UK is not an exception. It is important to know all the economic and cultural specifics before negotiations to achieve the goal of successful recovery. We investigate and monitor the information concerning British companies before conducting negotiations. Each project is taken care of by several departments and teams to ensure that your funds are recovered safely.
What can the UK business obtain by choosing CIS for debt portfolio management?
Our collection teams understand the level of responsibility and importance when it comes to debt recovery. That is why it is our absolute priority to ensure that your business recovers all the funds. CIS DRS has years of experience in debt recovery in the UK. By strategic planning, monitoring new business practices, investigating the debtors` companies, and enhancing new ideas we managed to gain recoveries for each client. Our teams of lawyers are trained well to perform international debt management and collect commercial debts in many countries as well as in the UK.
AT A GLANCE
Serving Clients in UK for more than two decades
Debt Collection in UNITED KINGDOM
  • 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 in UNITED KINGDOM
  • portfolio analysis
  • control of payment terms
  • timely reminders
  • soft communication with clients
  • advisory regarding billing cycles
  • reminders via emails
  • receivables control
Litigation in UNITED KINGDOM
  • 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 in UNITED KINGDOM
  • 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 in UNITED KINGDOM
  • 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 in UNITED KINGDOM
  • filing creditors claims
  • representing clients in creditors committee meetings
  • bankruptcy process monitoring
  • liquidators communication
  • regular reporting to client
  • assets recovery
DEBT RECOVERY IN UNITED KINGDOM
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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