CIS DRS

FAIR DEBT COLLECTION PRACTICES IN ENGLAND

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

Debt collection in the UK

Along with judicial options for resolving disputes in B2B relations there are also out-of-court debt collection options in the UK. They are very effective, do not require preliminary court costs, and remuneration is paid only after successful debt recovery. At the same time, there are different ways and stages in England of out-of-court dispute resolution. They will be discussed below.

Practices

debt collection is analysis
The first and one of the most important practices in out-of-court debt collection is analysis of trade documents. This service allows you to determine whether the case is promising, determines the main legal aspects of future negotiations, allows you to see errors in contracts for using the acquired knowledge in further commercial activities. Also, these documents are the basis for the future possible study of the portfolio.

The credit check of the debtor's company is undoubtedly almost the most important stage in the work of a collection agency. The fact is that in the presence of legal grounds, but in the absence of assets from the debtor company, it is impossible to receive payment for obvious reasons. In this regard, a credit check is necessarily carried out either by the agency or by the client himself before starting work on the portfolio, which will avoid unnecessary time costs and unnecessary actions.

Before starting work on the successful closure of the case, the lawyer must properly understand which strategy for peaceful settlement he will choose. This is very important, because the success of closing the case depends on the correct approach.
Drafting official demand letters is a working tool for successful, productive and critical business communications. The very concept of out-of-court dispute resolution assumes the closure of cases solely using communication skills. This is why good writing is essential to successfully closing a case. She also helps a lot in litigation, but this is the subject of another article.

Phone negotiations with debtors is also one of the two key tools for developing a portfolio, as personal communication in many cases is an indispensable tool in working on cases. They allow you to start the negotiation process, monitor the implementation of the payment plan, and clarify some issues. In general, this is just a way to start communication with the debtor.

Why are we the best?

All of the above list of services is the prerogative of such an excellent company as CIS DRS, which has been working with such giants of the commercial sphere for more than 8 years. We collect more millions US dollars per month. We also have connections with lawyers in many countries, which allows us to ignore the borders. Our team is the best one and we hope you will find it out soon.

Please fill in the form below to assist you in return your money worldwide.
AT A GLANCE
Serving Clients in ENGLAND 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 ENGLAND
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: +44-204-577-06-96
EMAIL: europe@cisdrs.com

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