CIS DRS

DEBT PORTFOLIO MANAGEMENT IN WALES

B2B Debt recovery & Debt collection in WALES
We recover your bad debts for the success fee.

What is debt portfolio management?

B2B debt liabilities are inherently financial assets like money (meaning cash). The only feature of these assets is that their liquidity is rather conditional. In order to increase it, it is necessary that such assets should be managed by competent specialists. This is precisely the reason for the existence of such a type of legal services as debt portfolio management.

Wales, being part of the sterling union, is a fairly stable player in the economic arena. At the same time, unfortunately, the presence of issues with credit takes place there as well. The following question arises: what are the features of debt portfolio management in this region, and how is the entire process of managing these assets going on by the company that provides the relevant services?

The whole process

First of all the company lawyers research portfolio that it has in place to update all data on distressed assets. Parties begin negotiations regarding the authority of the client manager, the subject of the work, goals, tools and other aspects of portfolio management. They also discuss the terms and conditions regarding the reward for successful debt collection. Then the principal transmits all the necessary information, including legal grounds, contact details, and other important information for a successful negotiation. Our lawyers take all necessary actions to recover the receivables.

As the practice shows, the whole process of debt collection consists of the following stages - establishing communication with the debtor, obtaining promises, payment and successful closure of the case. Sometimes, due to the presence of controversial issues, lawyers have to resolve disputes and process the debtor's objections regarding the fulfillment of their contractual obligations. They use negotiating skills, which are the keys to the financial success of our clients.

CIS DRS exclusive advantages

CIS DRS is the best agency for debt portfolio management service. Why? We have over 14 years of experience working with well known brands. Our team has such undeniable advantages as worldwide collection and digital collection. The first advantage is provided by the fact that our company belongs to an alliance with law firms in many countries. Cooperation with our team expands the boundaries of your business in an instant. This is a very important point in the processing of cases such as receiving payment from a multinational company. The second advantage is provided by the presence of the automated customized ​​platform, which allows you to remotely and in the shortest possible time to provide an effective study of cases.

We also provide regular reporting to our clients. We really want you to always be aware of what we are doing. We hope to see you soon as our valuable client. Please submit your case via the form below.
AT A GLANCE
Serving Clients in WALES 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 WALES
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
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: +44-204-577-06-96
EMAIL: europe@cisdrs.com

1 ROPEMAKER STR, LONDON,
EC2Y 9HT, UNITED KINGDOM
We work Monday to Friday, 9 AM - 6 PM (GMT)