Debt Recovery and Debt Management Services
C&C Group understands that debt recovery is crucial to a reputed firm in any Industry. C&C subsidiary; C&C Debt Recoveries (Private) Limited (CCDR) provides expert services focused to enable debt recovery using money recovery and debt recovery remedies/actions available under Sri Lankan Law to gain maximum results at a minimum time and cost.
Many companies have creditors hence debt management becomes crucial to the sustainability of any business. CCDR offers debt management services to its clients, thus relieving the clients of the burden of dealing with their creditors. CCDR facilitates negotiation and mediations between clients & creditors, thereby saving much time and energy of the client. CCDR devises strong debt settlement strategies to help the client settle the debts expeditiously on terms structured to fit the specific financial position and forecast of the client.
Upon assigning a recovery task with a list of debtors, the Litigation Team of C&C International Legal Consultants promptly and efficiently attends to legal recovery process. Among the specialised services of CCDR offers;
- Address locating, Bank account locating and Asset locating.
- Settlements in full or to arrange an amicable payment plan.
- Filing relevant entries at the Fraud Bureau and Police Stations where default of payment by cheques are involved.
- Sending Letters of Demand and Legal Notices (C&C International Legal Consultants).
- Negotiating on Settlement Plans & Advising on possible Types of Actions.
- Filing Legal Action, Attending to pre-trial steps, trial and until orders are enforced.