Liquidation law has been approved for Debt Collection Abu Dhabi companies for creating favorable conditions for both creditors and debtors. Moreover, it also aims to provide a comfortable business and helping individuals who are not able to pay their debts. Our associate lawyers and legal consultant in Abu Dhabi have extensive knowledge about Insolvency law.
It is not necessary hat debtors are at fault in every debt case. Our legal consultant in Abu Dhabi makes sure that debtors are also taken care of in handling debt collection cases in UAE. They are proficient to deal with the needs of local and emigrant citizens and help them to overcome existing or anticipated financial issues.
Debt collection Charges
Our debt collection services are unlike others; we don’t work on fixed amounts. Our lawyers work on a percentage-based for each case. Our payment rule is “NO WIN NO FEE”. It is because the person or firm already pursuing an amount can’t make a budget facing critical financial condition. After recovering the client’s overdue payments back, they are ought to give the agreed percentage of the amount to the legal entity.
What is debt collection
Debt collection is a legit way to collecting the money owed on delinquent accounts. Our debt collectors are hired by companies, business owners, and individuals as well. These companies or individuals are the ones whose money is owed by the debtors. We take the responsibility to recover your amount under the legal umbrella.
Why debt Collection
Debt collection is significant especially when the company or a business owner wants to recovery money and improve the cash flow. If the amount is too large, it would be hard for the company to pay off its necessary obligations. This can reduce the net profits and the stock levels of the company. Our customized debt collection strategies will help you to claim overdue payments.
How does debt collection work?
Debt collectors from our law firm act as middlemen. Debt Collectors operate as a legal attorney to resolve recovery issues through amicable and judicial settlements. Our professionals collect customers’ unpaid debts. However, the debts should not be older than the specified time. The creditor will be charged for legal services depending upon the amount the debt recovered as it is used for calculating the lawyers’ fees.
General Issues :
Faster & Risk Free Debt Recovery
Debt collectors have tools and resources
Shift Focus on Other Important Matters
Family Law Issues :
Debt Collectors Charge for Their Services.
Client Relations Could Be Affected.
there’s a fee to pay
You may not be a priority
Methodologies of Collecting Overdue Payments
Debt Collection Abu Dhabi is carried out through amicable settlement and legal proceedings. An amicable settlement is the most important way of recovering unpaid invoices. It is carried out through negotiations to reach a mutually agreed decision. Irrespective of the recovery technique you want to proceed with, our legal attorneys will always there to assist you.
Firstly, we draft a letter that demands payments and then sends it to the debtor. Then our associate debt collection lawyers personally visit the debtors and professionally communicate with them. Besides, they also investigate about debtor’s solvency. However, if they do not respond properly then our lawyers announce legal proceedings. Recovery should start with negotiation among disputed parties.
Judicial debt collection is the ultimate way of recovering unpaid debts. It’s a cost-effective procedure but requires time. You need to file a claim against the debtor in court and let the judges make the decisions. The verdict of the judge is the final statement in settling the case and both the parties should obey it. The debtor can also claim the decision made by the court of law.
Get Legal Support and Consultancy
Debt Collection Abu Dhabi serve you whilst marinating your reputation and relations. We aim to provide you with trustworthy and skilled lawyers who are knowledgeable about policies related to debt collection Abu Dhabi. We are authorized for recovering invoices, bills, and overdue debts on your behalf. Our services are commissioned and affordable for each client.
Besides, we also offer a “no win no fee” plan in case of unproductive upshots. We provide associate Lawyers and legal consultants who are experienced in their respective fields. They have knowledge about UAE rules and regulations. Moreover, they work professionally and ethically in handling debt collection. The following are the benefits that are offered from our debt recovery Abu Dhabi agency:
Services are available 24/7
Lawyers are aware of language in Abu Dhabi
Noticeably high achievement rate
Debt recovery facilities in all states of Abu Dhabi
Direct contact with your debt collection lawyer
No win No fee plan in some circumstances
Cashback, nation-wide provisions, and credit control
Your relation with the client will be protected
Legal consultancy and support where required
Recover medium and large scale debts
We offer customized strategies along with up-front advice for our customers. Our associate debt collection lawyers are very nominal and professional in managing diverse cases. We will assist you in Abu Dhabi’s debt recovery by legal means. Our advocates and lawyers handle your issues professionally, complete the paperwork, and ensure that you get your money back on time.