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Home Archive by category "debt recovery"

Labour and Employment Lawyers and Debt Collecting Agency

By Law Firm Dubai | debt recovery, labour & employment lawyers | Comments are Closed | 5 February, 2022 | 0

Labour and Employment Lawyers and UAE Labour Law We all know very well that UAE Labour Law has been revised and come into force from February 2022. Companies and individuals are contacting MOHRE and booking consultations with Labour and Employment Lawyers for getting the latest knowledge. Let us tell you that just by reading theRead more

Tactics and Strategies of Debt Collecting Agencies

By Law Firm Dubai | debt collection, debt recovery | Comments are Closed | 6 January, 2022 | 0

Debt Collection Agency A THird Party business that is committed to delivering the services but outside the court in order to recover the payables in form of unpaid profits, invoices, purchase orders and there are many other things as well. This third-party agency is known as Collection or Recovery Agency has been a popular business.Read more

Significance of hiring professional debt recovery

By Law Firm Dubai | debt collection, debt recovery | Comments are Closed | 11 December, 2021 | 0

No business venture or an already established setup can stand its ground for long if it continues to have a low liquidity rate. A constant drop in the ratio of accounts receivables is a red flag indicator for any business. Therefore, in the UAE and all around the world, when business owners face any suchRead more

General Discussion Debt Recovery

By Law Firm Dubai | debt recovery | Comments are Closed | 16 November, 2021 | 0

A general discussion Debt Recovery: In the current economic system, when many powerful economies of the world have crashed due to recession, making a business continue its successful operation is a challenge. Business institutions work on and for profit. A balance sheet showing more cash outflows than cash inflows can be catastrophic to the smoothRead more

Reservations Regarding Hiring Debt Collection Agencies

By Law Firm Dubai | debt collection, debt recovery | Comments are Closed | 18 September, 2021 | 0

Debt Collection Agencies are of prime importance to businesses and individuals alike. They are responsible for the complex undertaking of collecting back the debt payable. Despite their pivotal role in the business world, individuals and firms become hesitant to use them as a medium of debt collection. There are several reasons associated with it. TheyRead more

Debt Recovery Problems

By Law Firm Dubai | debt recovery | Comments are Closed | 29 January, 2020 | 0

Present-day Debt Recovery is becoming more challenging day by day because the bad debtors are also increasing due to pending payments in the market. Some people take the Debt and then totally disappear. There can be so many reasons for their disappearance. Debtors run away from the responsibility of paying the debts back because theyRead more

How to Select the Best Debt Collection Agency

By Law Firm Dubai | debt collection, debt recovery, law firm | Comments are Closed | 29 October, 2019 | 0

How to Select the Best Debt Collection Agency: Don’t think that a business will never need a debt collection agency. Many small and big companies require collection services in the UAE because it is a business hub. Some debt collection agencies have the worst reputation because they have the worst type of debt collectors atRead more

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