Debt Collection
Debt Collection Process
We realize that at the center of every business is their customer base, so we hope to serve and show you how to collect more of the money that is owed to you, pleasantly and efficiently.
We build strong client relationships through QUALITY, EXCELLENT SERVICE, SUPERIOR TECHNOLOGY, and SUCCESS in exceptional debt collection rate scaling from 95%-98% of 80% corporate private sector.
Our Office complements a strong global orientation with a thorough understanding of the UAE law and environment so that you get the best service in the way you deserve.
Debt Collection Steps
DEBT COLLECTION FEES
| Prices | 1-180 Days | 181- 365 Days | 366- 730 Days | Two years & above |
|---|---|---|---|---|
| 20,000 – 100,000 | 20% | 30% | 40% | 50% |
| 101,000 – 500,000 | 15% | 25% | 35% | 45% |
| 501,000 – 1,000,000 | 10% | 20% | 25% | 30% |
| 1,001,000 & above | 8% | 15% | 20% | 25% |
– Our rates are not uniformly applicable as above, each case has to be studied well by its nature time factor, the existence of the debtor & the degree of difficulty involved in the recovery of the debt.
– BDC minimum charges are AED 5,000/= case for debts below AED 20,000
Legal Group office provides a number of legal services that have been carefully chosen to meet our clients needs in various sectors.
