Presentation of our service : debt collection
In Algeria or in Libya No matter where the debtor resides or debtor company operates, Fares Group attorneys are experts at recovering your debts and therefore applying every legal avenue for recovery of what’s owed to you via amicable settlement or judicial recovery.
Fares Group Law Firm lawyers, competent in investment law in Algeria and Libya, have been operating for over 10 years combining abilities of debt collection agencies with the expertise of top law firms.
We build long-standing partnerships with our clients, becoming a vital part of their team, therefore, we aim to recover their debts quickly and efficiently and settle their cases fast and without the need for any legal actions.
Friendly settlement
In the context of a friendly settlement of the issue :
- We ensure legitimacy of the procedure, against a debtor in bad faith or who fails to comply with his commitments in spite of several reminders.
- We make the debtor clearly understand the consequences of his actions and legal costs that he might be ordered to pay.
- We transparently informe the creditor of his entitlements while respecting their legal obligations related to confidentiality and professional secrecy.
- We send an immediate formal notice with an acknowledgement of receipt, which allows for the right to request legal interests or interests stipulated by contract.
Judicial recovery
In case the amicable settlement fails, we’ll issue court proceedings and advise you on the most appropriate action :
Our lawyers take proceedings before the relevant court in order to obtain condemnation against the debtor in bad faith.
Debt recovery legal proceedings can be :
- Order for payment
- Summons for a substantive examination of the case, or :
- Interim payment order