{"id":416,"date":"2023-03-06T11:01:18","date_gmt":"2023-03-06T11:01:18","guid":{"rendered":"https:\/\/alwadiholding.com\/aw-ksa\/?page_id=416"},"modified":"2025-04-29T12:47:32","modified_gmt":"2025-04-29T12:47:32","slug":"debt-management","status":"publish","type":"page","link":"https:\/\/alwadiholding.com\/aw-ksa\/debt-management\/","title":{"rendered":"AW KSA Debt Management"},"content":{"rendered":"\t\t
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Acting as leaders in debt collection in the KSA, we pride ourselves on being pioneers in Debt Management who exclusively provide amicable B2B debt recovery to outstanding amounts regardless of the status it holds. With 28 + years of B2B debt recovery experience and accreditations by both the American and European Credit Management Associations, AW KSA Debt Management is more than just a leader in the category, we\u2019re a partner that helps creditors and debtors around the world reach win-win situations.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\r\n\t\t\t\r\n\t\t\t\tDebt Management Promise\n\r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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AW Debt Management is more than just a leader in the category, we\u2019re a partner that helps creditors and debtors around the world reach win-win situations.<\/p>

  • Comply with EU, US, and all other international standards and policies in the debt collection industry.<\/li>
  • Have a \u2018No Win, No Fee\u2019 policy.<\/li>
  • Hold a 45% – 55% success rate for more than 160,000 cases handled per year.<\/li>
  • Operate with competitive fees in the market.<\/li>
  • Offer complimentary expert consultation and \u2018next-steps\u2019 planning<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    \r\n\t\t\t\r\n\t\t\t\tDebt Management Process\r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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      Case Assignment.<\/h3>\r\n 1<\/span><\/span>\r\n <\/div>\r\n
      Operations receives cases, logs them into the system, and assigns them to the Collections Department within two working days.<\/div>\r\n <\/div>\r\n <\/li>\r\n \r\n\r\n \r\n
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      Careful Analysis.<\/h3>\r\n 2<\/span><\/span>\r\n <\/div>\r\n
      The collection team starts with a careful analysis of the debtor\u2019s situation by gathering background info on them and studying the case.<\/div>\r\n <\/div>\r\n <\/li>\r\n \r\n
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      Communication.<\/h3>\r\n 3<\/span><\/span>\r\n <\/div>\r\n
      The collection team then follows an effective collection procedure that starts with contacting the debtor via outbound calls, letters, messages, emails, field visits, etc. to clearly communicate the debt amount, status, and creditor details.<\/div>\r\n <\/div>\r\n <\/li>\r\n\r\n \r\n
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      Field Visits.<\/h3>\r\n 4<\/span><\/span>\r\n <\/div>\r\n
      Field visits are then conducted for significant cases by our in-house field visit team. Such visits can also be nationwide through our international partners in most parts of the world.<\/div>\r\n <\/div>\r\n <\/li>\r\n \r\n
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      Reporting & Plan Formation.<\/h3>\r\n 5<\/span><\/span>\r\n <\/div>\r\n
      Within 15 days after the first approach, an initial report is prepared and submitted to the client. The report contains details of the progress made, debtor feedback, and the settlement plan.<\/div>\r\n <\/div>\r\n <\/li>\r\n \r\n
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      Case Escalation.<\/h3>\r\n 6<\/span><\/span>\r\n <\/div>\r\n
      A second field visit is conducted by a different senior collector in case the debtor failed to respect the settlement plan and dates set.<\/div>\r\n <\/div>\r\n <\/li>\r\n \r\n
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      Pre-Legal Negotiation.<\/h3>\r\n 7<\/span><\/span>\r\n <\/div>\r\n
      As a final pre-legal negotiation technique and to exert further pressure, in case the amicable phase is not successful, the debtor receives a legal notice with the client\u2019s consent to proceed.<\/div>\r\n <\/div>\r\n <\/li>\r\n\r\n<\/ul>\r\n