Debt Collection (Checks and Promissory Notes)

Debt Collection (Checks and Promissory Notes)                          

Debt collection is a specialized financial and legal service that focuses on the settlement and recovery of all types of debts, whether due, overdue, or considered uncollectible, from both individuals and corporations. The firm assumes all responsibilities and burdens associated with collecting these debts at reasonable costs, benefiting the creditor by recovering their debts in the shortest time possible and at the lowest cost. The debtor also receives advice, guidance, and practical and legal solutions to settle their debt as quickly as possible.

• We work on debt collection faster and at a significantly lower cost than you would incur if you were to handle the matter yourself. Our comprehensive approach involves a range of negotiation, legal, and enforcement procedures, use of the latest communication technologies, starting from initial steps such as locating the debtor's address, direct contact, sending legal notices, and field visits by the office's attorneys, up to litigation through the courts and enforcement of their decisions. We exert all possible efforts to settle the debt amicably without having to initiate legal procedures. If these efforts are unsuccessful, we can proceed with legal actions after obtaining your approval.
• We accept all debt collection cases, whether submitted by banks, companies, or individuals, regardless of their age or size, before commencing work, our office staff thoroughly review all documents and evidence substantiating the legitimacy of the debt and examine the actions taken prior to referring the case to us.
• The age of the debt plays a significant role in determining the speed of its recovery. If the debt is old, the debtor requires additional effort, or the supporting documents are weak; this may prolong the legal collection process. Additionally, if the information provided is outdated and your claim is old and has not been handled appropriately, our work will become more challenging.
• We specialize in recovering personal loan debts issued by banks once the banks have exhausted all efforts to recover their non-performing loans. Our team is also skilled in handling other banking debts, such as overdrafts, mortgage loans, and soft loans, among others.
• We collect credit card debts with our advanced call center equipped with the latest collection technologies to follow up on recently overdue, troubled, doubtful, and considered uncollectible. The collection strategies vary according to the debt's age, size, and guarantees, ensuring the full collection of the debt, restoration of the debtor's creditworthiness, and maintaining the bank's clients and reputation in the market.
• We collect car loan debts across the entire country. Our role in collection extends beyond collecting overdue amounts; it also involves persuading the borrower to return the cars to the bank and settling the full amounts after selling the cars at auction. We also have expertise in coordinating the car sale process in auctions or otherwise, returning its current value to the bank, tracking the runaway borrower, arranging for the collection of the remaining due installments, and in the event of an accident involving a car that has not been fully paid off, we follow up with the insurance companies to recover its full value in coordination with the bank.