Services
Al Itihad Debt Collection has vast experience & is fully ambled and equipped with an expert team of advocates & legal consultants in collecting, settling, negotiating ,buying and managing debts from various clients of the banks. Al Ithihad Office conduct direct meetings with the clients of the bank and settle the matter amicably as possible as could be through our well-experienced staffs. We also have vast experience in handling all the legal affairs & cases in relation to personal loans, auto loans, credit cards & all other transactions of the banks and hereby offer you to represent your bank before all courts of various types & degrees & public institutions, arbitration boards and third parties all over the UAE & also outside the UAE.
Al Itihad Debt Collection provide services for :-
1. Banks
2. Companies
Consumer Banking
Personal Loans
Banks normally provide personal loans,but when a customer fails to repay the loan,it becomes very difficult to collect such type of debt.
Here comes the role of Al Itihad Debt Collection,who offers and guarantees the recovery of such difficult personal loans from the various creditors of the banks.
Process of recovering personal loans
Firstly, Al Itihad Debt Collection Consultants team will review the case. Secondly, Our team traces & locates the debtor, who could be either in the UAE or abroad. Thirdly, our expert team of lawyers & cons ultants contact the debtor and conduct direct meeting with the debtor & negotiates the matter & settle the debts amicably by providing full benefits to the bank. Fourthly, In case of a debtor who has left the country, We seek the help of our foreign Collection Agencies to collect the debt and liaise with them until the amount is settled. The last step we adopt is legal action, if necessary.
Auto Loans
Vehicles are movable assets and the banks normally provide auto loans to its customers and the auto loan customers who fail to pay the dues often leave the country, move to other Emirates or even attempt to sell the car. Al Itihad Debt Collection team traces & locates the missing cars and hand them back to the bank. In certain special cases, our expert team not only recover the overdue but also make arrangements to sell the car at auctions or through other means and returning its current value to the bank and collect the balance outstanding amount .In case of accidents we make co-ordination with the insurance companies to recover its full value as per the policy and return the amount to the bank.
Credit Cards
Al Itihad Debt Collection Office offers the service to recover the debts in association with credit cards with minimum hassle and low costs.Al Ithihad Debt collectiion plays a major role in locating persons who are associated with credit card debts and follow the cases by means of amicable settlement.The most important advantage of this method is that the credit cards are issuing with less securities and the recovery of these types of debts through judicial decree is sometimes higher than the outstanding amount.
Al Itihad Debt Collection Office and Companies
The current market situation due to global crisses can overcome through a good debt collection agency.
Al Itihad Debt Collection has vast experience and fully ambled and equipped with an expert team of?? advocates, legal consultants and debt collectors??in collecting, settling, negotiating, buying and Managing debts from various customers of the companies and settle the matter amicably as possible as could be through our well experienced staffs.
We also have vast experience in handling all the legal affairs and cases in the relation to LPO, CHEQUES, INVOICES and all other transaction of companies and here by offer you to represent your bank before all courts of various types and degrees and public institutions, arbitration boards and third parties all over the UAE and also outside the UAE
Documents we needed
All the valid documents regarding the transaction, original cheque, lpo, invoices etc ??