Business debt lawyer typically involves situations with unpaid debts from businesses, personal accountability, and amounts owed for checks that bounce. A few thousand to millions or even multi-millions of dollars might be included in collections.
Many expert lawyers from our Dubai-based law office handle all aspects of collections and assist in recouping the money through settlement conferences, mediations, agreements, and even civil and criminal lawsuits. Our group of debt recovery attorneys in Dubai establishes a recovery plan tailored to your unique circumstances. Our staff thoroughly investigates the processes and options available to us so that we can provide notable and effective answers in every scenario that arises.
Services for Legal Debt Settlement in the UAE
To collect debts for B2B companies, our team of skilled attorneys and debt settlement specialists collaborate closely. We employ our legal business debt lawyer knowledge to assist our customers in confidently navigating the debt recovery process since we are aware of the intricacies involved in both the legal system and debt settlement.
To safeguard the interests of our clients, our B2B legal debt settlement agency in the UAE offers services such debt portfolio analysis, negotiation, and the creation of debt settlement agreements. Businesses can settle their outstanding debts and proceed with increased financial stability and debt recovery with our assistance with business-to-business debt management. Through the use of our legal debt management services, companies can reduce their debt load and become more financially stable.
How We Operate
Reminding and Bargaining
We will send a reminder letter or get in touch with the debtor to demand payment when they miss a payment or default on a debt. At this point, discussions to come to a payment arrangement might take place.
Arbitration
The creditor may hire a mediator to help the parties reach a settlement if formal demands and negotiations fail.
Lawsuit
The creditor may hire a mediator to help the parties reach a settlement if formal demands and negotiations fail.
Official Request
The creditor may issue a formal demand letter outlining the overdue amount and seeking payment within a specified term if the debtor does not answer or refuses to pay.
Promise of Legal Debt Settlement
- The knowledge of in-house, business-focused attorneys and advisors who are experts in both international law and the nuances of legal debt settlement.
- The model’s overall success percentage for all instances handled ranges from 85% to 93%.
- a committed group of corporate attorneys and legal specialists with expertise in legal debt settlement who work hard on the cases.
- The extensive assistance of a group of more than fifty employees, including the attorneys from our MENA and GCC-registered partner law firms.
Process of Legal Debt Settlement
- The case is assigned to business-minded lawyers and legal business debt lawyer specialists.
- In order to get results, the Legal Debt Recovery Section begins an inquiry.
- Uncollected cases are assigned to the Legal debt lawyer near me Counsel.
- Relationship managers are involved in reporting on court proceedings and monitoring the status of cases.
- Due diligence and a bit of free legal advice are offered.
- Creative solutions are preserved before, during, and after litigation.
- Throughout the entire process, reporting is guaranteed to be transparent and methodical.
With macdebtcollection.com Cross Border Services, which has a network spanning more than 150 countries, we are able to spare corporates the headaches and hazards associated with international debt settlement and defaulter tracking. We firmly believe that credit knows no geographical bounds. In the most basic cases, we don’t stop until the loan is paid up!
Our Offerings
We provide the following legal services in debt lawyer near me cases:
- Amicable discussions and agreements
- The bounce of checks
- Prosecution actions
- Non-performing bank loan
- Non-performing personal loan
- Breach of contractual obligations
- Breaking the terms of the agreement
In the court proceedings that we want to start on their behalf to recover the debts, our legal expert represents and explains our clients. We also investigate using all available legal channels to collect the debts from our client’s corporate or individual debtors. Our team of business debt lawyer attorneys also works closely with Dubai’s banking and finance attorneys, who are very knowledgeable about the regulations that may be relevant to our customers.
