Debt Collection Services by Law Firm in Business Bay

Al Shaiba Advocates and Legal Consultants is a popular Law Firm in Dubai, located in Business Bay, offering legal services in UAE. Law Firm is also known as ASK THE LAW. The Law Company is owned by Top UAE National Attorney Advocate Mr Mohammad Ebrahim Hassan Al Shaiba. Al Shaiba Advocates and Legal Consultants, do have the proper legal system, structure, department system, management system and specialized team of Lawyers and Legal Consultants. Law Firm also offers Debt Collection or Debt Recovery services in Dubai, Sharjah, Abu Dhabi and all over the United Arab Emirates.

A Separate and Dedicated Department:

A separate and dedicated department which is not just managed by Debt Collectors, but is also headed by lawyers. The Debt Collection Department at Al Shaiba Advocates is a combination of Debt Collectors and Lawyers. The team is in the market for more than 15 years and they have a very good knowledge of the UAE market and companies operating in the region. Debt Collection Services by Al Shaiba Advocates is also supported by the legal department of Al Shaiba Advocates, so in case if there has to be a settlement and settlement agreements are required or Civil Cases need to be filled then, everything could be managed as soon as possible.

The Process is started:

Initially, Notices are served to debtors and communications are started. In order to learn best about the process, we suggest booking a free appointment with Al Shaiba Advocates, the debt collection team. The team will let you understand the process step by step. However, in short, the team at Al Shaiba Advocates and Legal Consultants, do have the professional procedures to apply in order to make sure that recovery could be quickest as possible.

If it does not work by chance then there is no worry. Civil or Commercial Cases can be opened once the debt collection activity is not ended with success. Let us tell you the Legal Department of Al Shaiba Advocates is always prepared to open the Civil Case to save time. A quick Civil Case (Normal or Urgent) is opened where it is made sure that the client could recover the money as soon as possible along with legal interest and court expenses. Legal Interest is normally 5% of court directed amount and the legal expense is the return for the patience of the debtor or debtor company.

For Civil Cases, the court fee needs to be paid first by the debtor. The court can also request to appoint the Expert for the Event or Financial analysis to prepare a report. These reports are, submitted to the court for the verdicts. Experts can also be appointed at the request of both or either party. However, we are not supposed to discuss here Civil Cases a lot, but it is also necessary to mention the Civil Court Fee. For example, in DUBAI, the Civil Court Fee is 6% of the claim amount and a maximum of 40000 AED.

There is no fixed fee plan. Companies are also working on a NO WIN NO FEE PLAN, but we do not think that a collection company or a Law Firm can work better without am upfront. Upfront is a cost to continue the operations. Therefore, the upfront fee is an essential part in the beginning. But the upfront fee is always less than the fee that needs to be paid for a Civil Court. The balance fee, the rest of the fee is paid after the recovery. Before recovery, there is no fee. Therefore, Debt Collection is always helpful, by investing a little instead of directly escalating to Court Cases.

Ask The Law – Al Shaiba Advocates and Legal Consultants, do offer quality services with very reasonable upfront fees. Almost all the fee is charged once there is a recovery or after the recovery. A large number of companies are hiring Al Shaiba Advocates on an annual retainership basis for debt collection and legal services. The retainership services even for Debt Collection, is in the best interest of the Client because the client can pay little and earn the best services 5 times more than he pays for a normal service.

Before stepping inside, the Court, we must suggest that first recover the outstanding amounts outside the court recovery process. This is called Debt Recovery Process. Al Shaiba Advocates and Legal Consultants is the best option for companies in UAE for a quick recovery. Debt Collection Services by Ask The Law, Al Shaiba Advocates and Legal Consultants are the best for businesses in UAE.