CIS DRS

COMMERCIAL DEBT COLLECTION IN CANADA

Debt portfolio management & Debt recovery in CANADA
We recover your bad debts for the success fee.

Why should you give the preference to a debt collection agency?

Just imagine your counterparty has a sudden idea not to pay for a supply or a service. Adding fuel to the fire, some company's financial resources may cease unexpectedly, depriving them of the opportunity to pay, despite the desire.

You can turn to legal attorneys who will immediately start the trial going through all the stages of bureaucracy - from court hearings to appeal and enforcement of judicial decisions, which may take several years. Alternatively, you can contact a competent debt collection agency and use its services to resolve the disagreement in frames of pre-trial dispute settlement. Nevertheless, why should you contact a debt collection agency in case of unpaid products or services?

An expert is required

Québec, QC, Canada
If you decide to collect the payment on your own without the involvement of specialists, it might have negative legal consequences. Canadian law has a few restrictions on debt collection. If at least one of them is violated, the debtor will carry out his counterattack and gladly contact the relevant authorities to protect his/her rights. However, our debt collection agency is aware of all legal restrictions in Canada and can completely come over them without losing efficiency.

Everyone knows that all the managers of any company really desire to focus on their business. Contacting our collection agency will give you the ability to fully concentrate on managing the company.
Again, it will save you from having to deal with additional resource-intensive matters related to debt collection that are not even in your activity field: trying to get in touch with the CEO of the debtor's company (who has already turned his phone off), communicating with undesirable persons who will come up with any ways to avoid communication and so on.

This is not even the exhaustive list of reasons to contact our company for assistance in dealing with debt-related disputes.

How do we work?

You are probably wondering about the debt recovery procedure. Irregular calls, pay per hour before receiving work results, sending non-personalized identical letters, disturbance of debtors at times prohibited by law (for example, on statutory holidays), breaking confidentiality – none of this applies to CIS.

CIS uses a responsible and complex approach in debt collection, observing all the innovative negotiation techniques. Our team's comprehensive method in resolving commercial disputes lies in the following: the establishment of individual strategies; in-depth analysis of the debtor's company and its financial capacity; regular calls demanding to fulfill the obligation to make the payment to our client immediately; sending letters, reminders, and SMS with the requirement to fulfill the obligation.

Our company has been providing excellent client service on a "no collection, no fee" basis for over 11 years in all parts of the world. For an impressive period, we have managed to resolve more than 400,000 disputes worldwide and to return the well-deserved funds to our clients.

Case study

In 2018 one of our clients, a large international company, which produces power generators, delivered goods of CAD 780,000.00 to a buyer from Kazakhstan. However, the counterparty, having received these products, refused to pay for them referring to the inadequacy in the declared quality. Our team, having investigated the circumstances and the documentation, including the certificate of conformity, convinced the debtor to credit the amount of the money assets under the contract, informing the debtor about all the legal consequences and additional losses in case of refusal.

We demonstrate a high level of efficiency and effectiveness, which is confirmed by the recognition of our clients. A high level of negotiation skills, constant learning, and training allow the team always to remain at the forefront of the debt collection market. At the same time, not only are we good at persuasion but also, we do listen carefully. To verify this, please contact us at + 44-203-582-1943 or write an email at support@cisdrs.com.
AT A GLANCE
Serving Clients in CANADA 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 CANADA

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
NORTH AND SOUTH AMERICA:


TEL: +1-323-410-1269
EMAIL: support@cisdrs.com

1901 AVENUE OF THE STARS,
2nd FLOOR, LOS ANGELES, CA 90067,
UNITED STATES OF AMERICA
We work Monday to Friday, 9 AM - 6 PM (GMT-7)
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