FAIR DEBT COLLECTION PRACTICES IN WALES

Credit in business plays a crucial role in promoting mercantile practices in the UK and Wales in particular. However, there are a large number of cases when you or your partners may have issues with your counterparties due to further non-payment or late payment of your funds. In order to settle such issues, it is recommended to find a local debt collection company that specializes in local legislation and common traditions there. Lawyers from CIS DRS have been helping for more than ten years with the debt recovery process in Wales.

Be kindly advised that as in many European countries, the debt collection in Wales is due to local laws, rules and measures for the return procedure. For instance, the Limitation Act of 1980 establishes that the usual limitation period of credit in commercial and civil matters is 6 years, with exceptions (a duty deriving from a contract, so-called deed, ended within 12 years).

Our advisors always keep the fair practice in the collection. How does it work? The client gets an email or letters with several debt settlement offers. We don't use forbidden languages under harassment. Hence, each call or official letter is double-checked a few times. Following fair practice, it is pretty important for us to maintain good relations with our counterparties. Hence, our team is client-oriented and tries to return payment of debts in full only via fair negotiations.

Additionally, we provide our clients with other types of services like debt collection, litigation, arbitration, debt management, enforcement of judgments, bankruptcy, and our agency secures creditor's rights during the liquidation procedure.

Our mission is to protect your rights according to the law. B2B needs to reduce risk by maintaining a strong cash flow. We are ready to take responsibility to decrease the negative consequences of such a stressful procedure, as a collection.

We draw your attention to that you always may have the ability to receive reports on the current status of the settlement.

And one of our key point, that we hold relations with debt recovery attorneys in 145 countries worldwide. Our collection process is to provide this service on a no win no fee basis charging the agreed commission after funds are recovered only.

We realize that an outstanding balance can be quite frustrating since you have waited a long time for your payment. Therefore, to get back your money, please, contact us cisdrs.com.