DEBT PORTFOLIO MANAGEMENT IN THE US

The CIS DRS portfolio under management is constantly growing. We work with both portfolios and sole cases. We use technologies that allow us to optimize portfolio workflow and performance.

Our teams of entrusted lawyers focus their efforts directly on the recovery service, and not waste time on routine work. We try to automate as much as possible all internal processes when handling recovery cases such as: mailing, calls, templates of documents, reminders, tracking court hearings, etc.

Our software helps us to maximize the implementation of operational goals is essential within the shortest period. The system is configured to check open data and various registries, synchronize information, and prevent duplication. We track the current and potential expenses of our clients on a daily basis to work on cases, thus we minimize the financial risks of our clients. The team has developed a huge number of templates for various documents, we are ready to protect and defend the interests of our clients even in the most complex and legally confusing situations.

Continuous technology adoption and a network of regional managers throughout the country enable lawyers to work with international portfolios across America. Our team works with a lot of people and companies from the United States. At any time, attorneys, chartered accountants, and finance professionals are able to help our clients worldwide.

A task and workflow manager were developed and implemented to track tasks for work on a case. A fully functional built-in accounting system that simplified the clearing, tracking, reconciliation, cancellation, and re-issuance of invoices makes it possible to inform the client about the payment received from the debtor and to pay for services as soon as possible.

We are pleased to announce that a significant percentage of portfolio cases are closed successfully as a result of timely written communication. However, work on the case also includes due diligence and initial investigation on the recovery case, tracing and verification of the debtor, a combination of verbal and written correspondence, followed up by telecom, emails, and face-to-face meetings.

The asset management of the debt portfolio takes place on behalf of and of course in the best interest of the client. The ultimate goal of the portfolio manager is to maximize the expected return with an appropriate level of risk exposure. Management does not always mean being active. Working with a portfolio usually takes place over a long period of time, which allows us to satisfy the interests and needs of the creditor, and to maintain partnerships with counterparties for future cooperation, "win-win" principle.