Management Receivables

Outstanding receivables can have a huge impact on your resources. We can help in managing outstanding payments, cash flow, and improving your financial position. We also help you in better managing accounts receivable, no matter the type of your business.

• We develop a strategy focusing on your accounts receivable and delinquencies, while making sure we maintain a balance between risk and security.
• We have in-house experts who are you can employ as local liaisons, assisting you with expert messaging on the phone, by email, in letters, and in person.
• We will follow your credit policy, and you will receive a report summarizing all actions performed on your behalf.
• We will assist you in obtaining copies of invoices, financial statements, payment plans, and contract agreements, so you can put your attention on the company's operations.

Our team has a portfolio of legal alternatives designed to shortly address the debtor claim.

• Hiring a professional asset investigator to make a thorough report on a debtor's assets before deciding whether or not to file for legal proceedings.
• Applying to the court for a taxpayer to attach their assets and or bank accounts is known as attachment. Although such processs are conducted on a case-by-case basis, an attachment will place the debtor under great psychological pressure to pay the debt or deposit security to release the attachment, especially if the debtor has assets.
• Under the Bankruptcy Act of the United Arab Emirates as codified by Decree No. (9) of 2016, a creditor who is owed AED 100,000 or more can apply to the local court to initiate bankruptcy proceedings against the debtor after following notice procedures.
• Collected expenditure cases are brought to court at the local level for a judge to sort out once they've been fully collected.