Debt recovery is a crucial aspect of any business in countries where financial transactions and lending are vital components of the economy. However, debt recovery can often be a challenging and complex process. As a result, it is essential for businesses to seek assistance from legal experts who can provide valuable advice and guidance in navigating the legal complexities surrounding debt recovery.

DBA has extensive experience in debt recovery and is well-versed in the laws and regulations governing debt collection. Our team of legal experts understands the various legal and procedural requirements that must be followed to recover outstanding debts. We provide clients with tailored and strategic solutions to their debt recovery needs, including guidance on negotiating with debtors, enforcing judgments and claims, and pursuing legal remedies if necessary. With DBA’s expertise, clients can maximise their chances of successfully recovering debts and mitigating potential financial risks.

At DBA, we recognise that debt recovery is not just about recovering lost funds but also about maintaining relationships with clients and partners. That is why we approach debt recovery with sensitivity and tact, always prioritising the preservation of our clients’ reputations and relationships. Our team works closely with clients to understand their unique situations and develop customized strategies that align with their business goals and values. By entrusting your debt recovery needs to DBA, you can be assured of a comprehensive, client-focused approach that puts your best interests first.

Debt Recovery Services Include:

• Review and analysis of debtors’ financial status
• Assessment of the most effective method of debt recovery
• Preparation of demand letters and legal notices
• Representation in negotiations with debtors
• Filing and pursuing legal proceedings in court, including claims and applications for summary judgment
• Enforcement of court judgments through various methods, including attachment and execution proceedings
• Recovery of debts through alternative dispute resolution methods, including mediation and arbitration
• Advice on debt recovery strategies and best practices
• Assistance in drafting and reviewing contracts, terms and conditions, and credit agreements
• Due diligence and investigation of potential debtors
• Assistance in registering claims with the relevant authorities
• Advice on bankruptcy and insolvency matters
• Advice on risk management strategies and practices
• Assessment of creditworthiness of potential debtors
• Preparation and implementation of credit policies and procedures
• Training and education on debt recovery and risk management practices