<\/span><\/h2>The length of time the debt collection process takes is subject to the ease of identifying the debtor’s location, handing of the case documents to the <\/span>corporate debt collection<\/span> company, plus the age of the debt, the newer the debt, the easier it is to collect.<\/span>\u00a0<\/span><\/p>\u00a0<\/span><\/p><\/span>How Much does it Cost to Recover B2B Debt with AW Qatar?\u00a0<\/span><\/span><\/h3>AW Qatar operates with no collection no fees policy which means that we don\u2019t deserve any fees until we reach a settlement and start the first actual collection with the debtor, also AW Qatar operates with the competitive fees in market among other debt collection agencies comparing to the quality of services.\u00a0<\/span>\u00a0<\/span><\/p>\u00a0<\/span><\/p><\/span>Case Study for AW Qatar in Debt Collection?\u00a0<\/span><\/span><\/h2>One of our clients in Dubai, UAE engaged us to address a commercial dispute with a debtor in Qatar, involving a claim amount of (X Amount) USD (not mentioned due to confidentiality).<\/span>\u00a0<\/span><\/p>Despite our initial attempts at amicable resolution, the debtor consistently made empty promises, eventually becoming non-cooperative and ceasing all correspondence.\u00a0<\/span>\u00a0<\/span><\/p>We advised the client to initiate the legal procedures against him in Qatari Courts and sent him a legal proposal and the client approved.\u00a0<\/span>\u00a0<\/span><\/p>We started the prelitigation procedures, approached the debtor and sent him a legal notice through the notary public, the debtor became aware that we were capable of filling the case against him in front of this country\u2019s jurisdiction, and if payment was not made, we would seize his trade license and request the court to seize his assets and sell it in a public auction in addition to that we will request the outstanding amounts along with all compensation arising from damages incurred as a result of withholding his financial dues.\u00a0\u00a0<\/span>\u00a0<\/span><\/p>Consequently, the debtor approached us and offered to sign a settlement agreement to pay the outstanding amount in monthly installments.\u00a0<\/span>\u00a0<\/span><\/p>The client approved and the debtor scheduled a meeting with our partner law firm and signed the agreement by which we can ensure legal enforcement in the event of any payment defaults.<\/span>\u00a0<\/span><\/p>\u00a0<\/div>\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<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"
The known side of debt collection is the one that banks does with credit card defaulters to collect the money that bank owe the debtors or collect the loans credited by the banks to its clients, on the other side companies do owe money to other companies and needs to collect that debt to solve a lot of financial issues by this money.\u00a0 Companies often have unpaid bills from customers[…]<\/p>\n","protected":false},"author":6,"featured_media":7289,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"_joinchat":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"jetpack_featured_media_url":"https:\/\/alwadiholding.com\/aw-qatar\/wp-content\/uploads\/sites\/10\/2024\/08\/Website-Blogs-pics-1-1.webp","_links":{"self":[{"href":"https:\/\/alwadiholding.com\/aw-qatar\/wp-json\/wp\/v2\/posts\/7146"}],"collection":[{"href":"https:\/\/alwadiholding.com\/aw-qatar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwadiholding.com\/aw-qatar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-qatar\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-qatar\/wp-json\/wp\/v2\/comments?post=7146"}],"version-history":[{"count":37,"href":"https:\/\/alwadiholding.com\/aw-qatar\/wp-json\/wp\/v2\/posts\/7146\/revisions"}],"predecessor-version":[{"id":7292,"href":"https:\/\/alwadiholding.com\/aw-qatar\/wp-json\/wp\/v2\/posts\/7146\/revisions\/7292"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-qatar\/wp-json\/wp\/v2\/media\/7289"}],"wp:attachment":[{"href":"https:\/\/alwadiholding.com\/aw-qatar\/wp-json\/wp\/v2\/media?parent=7146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-qatar\/wp-json\/wp\/v2\/categories?post=7146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-qatar\/wp-json\/wp\/v2\/tags?post=7146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}