Debt Recovery
Our Services assist clients in collecting overdue payments and other funds through negotiation, settlement, judicial implementation procedures, and alternative dispute resolution. In many instances, amicable resolution can be achieved through the constructive dialogue between the parties, while also maintaining business relationships. This makes it all the more important to engage the services of an experienced legal team to save valuable time and resources.
At YMB, we focus on implementing swift and cost-effective solutions that provides the utmost results for our clients, including:
- Establishing well-defined payment terms are established, as this is important to ascertain the rights and duties of the creditor and debtor.
- Issue official demand letters for outstanding payments.
- Engage in negotiations with debtors.
- Legal guidance and services for pursuing available legal recourses in case of failure to reach a settlement or payment.
