The United Arab Emirates is a business hub with a rapidly growing economy, and the businesses face struggles while recovering their unpaid debts during the process of business. This may include bounced cheques, agreement default etc.
The UAE laws provide strict rules against debt collection cases. We guide our clients on the procedure to initiate criminal and civil proceedings against the defaulter and make sure the recovery of unpaid debts.
We also advise our clients on how their interests are preserved and the assets are protected at the time of filing for debt collection cases. Our team, after assessing your current financial status, will help you decide the best solution for you and provide you the help and assistance throughout the process. Our debt collection services through Courts or settlement give a sense of security in recovering our client’s outstanding amounts.
The scope of our services would include the following:
- Legal opinion and assistance on alternative solutions
- Legal advice on the statutory requirements for the filing of cases.
- Assistance in negotiation or settlement with the debtors
- Filing of cases before the Courts and draft memorandums.
- Execution of Court orders.