If you have experienced with unpaid debt matters, you are familiar that recovering it is a very complex task. We aim to recover your debts amicably however, in certain cases, a solution through settling debts is a difficult possibility. This usually takes place when the debtor is passive and not taking your notice seriously or when the amount of debt is huge
What to do in this situation?
Our associate Lawyers in Sharjah take your case to court if it is complex and judges will give the final verdict. The verdict of the judges is considered the final decision for both parties. Our associate debt collectors are trustworthy and knowledgeable about UAE laws and jurisdictions and have full authority for recovering invoices.
Significant Things to Consider Before Presenting Case in the Court
Proceeding through court is considered as the easiest yet economical way of recovering debts. The following are some important points that should be kept in mind before jumping into juridical debt recovery methods.
· The Civil Law system is implemented for giving the final decision.
· The assertions should be in the official language of Dubai
· The claimant needs to provide proper evidence before presenting the case into the court
· The decision can also be appealed later by both parties which are then handled through further legal procedures.
· All the legal documents should be presented by the claimants
· The debtor can also appeal for grants by providing the required shreds of evidence.
Potentials of Adapting Judicial Debt Recovery Processes
Due to the following reasons, judicial procedure is considered to be the easiest and short way of recovering debts by our lawyers in Sharjah.
· Handles bad debtors
· Help to find out and negotiate with bolted debtors
· Maintain cash flow of your company
· It is best in handling criminal activities during debt collection
To conclude
Our associate lawyers in Sharjah give secondary importance to judicial debt collection while recovering your outstanding debts. It is a costly procedure and may affect your repute and business relations yet it offers timely recovery of your debts. For further queries, contact our Law Firm.