CIS DRS

SMALL BUSINESS DEBT COLLECTION IN RUSSIA

Debt portfolio management & Debt collection in RUSSIA
We recover your bad debts for the success fee.
What is a Small Business Debt Collection?
Almost every entrepreneur asked himself: "How can I improve business services for my clients?" The first idea that comes to our mind is a convenient payment solution, especially so important in turbulent times. Crediting clients seems to be a very reasonable idea to force sales. However, you are not indemnified from regular situations where a customer will not or may not pay for any reason you may imagine. So, what should be done next?

A small organization has to have enough resources to invest in an expensive debt collection infrastructure, including a set of tools and procedures for collecting overdue payments. One option to save yourself from troubles and improve chances for full debt recovery is to hire a debt recovery agency. Be sure professional lawyers will help small and big international businesses with accelerating cash flow too.
Time and cost-saving, Experience and Knowledge
Debt collection for a small business is a very complicated and quite expensive procedure for some cases. It takes a lot of time and workforce globally having in mind local expertise. Companies may try to make their life easier and concentrate your attention on the strategic and commercial purposes of your business by hiring professionals to manage your overdue receivables. Debt recovery agencies have the necessary set of skills, experience, and many tools allowing them to recover debts faster with better performance.
How does agency CIS DRS provide a small business debt collection in Russia?
Usually after preliminary checks and "homework" to be done the debtor gets a proposal with several debt settlement plans at his/her discretion (for instance, reinstating an account or termination of a contract). It is worth mentioning that CIS DRS team of debt recovery lawyers use only languages and templates approved by a client and fully compliant with the local legislation. Therefore, the CIS debt recovery process in small businesses is based on convenient cooperation and negotiations between a defaulter and a debt recovery agency to save creditors position and reputation.
High-quality customer service
Small businesses need to reduce risk by maintaining a strong cash flow. CIS DRS undertakes all possible actions to decrease the negative consequences of such a stressful procedure. Our team follows the highest standards of customer service to make sure business relationships of our clients are upheld and debts are recovered on success fee basis.
Compliance with the law
CIS DRS undertakes negotiations under the laws, namely the Civil Code of the Russian Federation, Federal Laws of the Russian Federation: "On consumer credit'", "On the protection of the rights and legitimate interests of individuals during debt recovery procedure", "On microfinance activities and microfinance organizations" and other laws as a guarantee of legal activities.
Automated processes and reporting
The latest technology and proven techniques are used by CIS DRS. Therefore, it allows us to quickly identify a willingness and ability to pay debts and report all substantial progress for creditors.
AT A GLANCE
Serving Clients in RUSSIA for more than two decades
Debt Collection in Russia
  • 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 Russia
  • portfolio analysis
  • control of payment terms
  • timely reminders
  • soft communication with clients
  • advisory regarding billing cycles
  • reminders via emails
  • receivables control
Litigation in Russia
  • 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 Russia
  • 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 Russia
  • 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 Russia
  • filing creditors claims
  • representing clients in creditors committee meetings
  • bankruptcy process monitoring
  • liquidators communication
  • regular reporting to client
  • assets recovery
PRESENCE
Russia Head Office is located in Moscow
Moscow
Saint Petersburg
Novosibirsk
Yekaterinburg
Kaliningrad
SMALL BUSINESS DEBT COLLECTION IN RUSSIA
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)
Made on
Tilda