The debt settlement process enables an individual or entity to reduce and renegotiate their delinquent debts in order to enhance or restore liquidity in order to live a peaceful lives in the face of cash-flow problems and financial distress.
If a person fails to fulfill its financial obligations and finds himself in a crisis in the capital, be he a foreign expatriate or UAE citizen, we will help him solve the problem in the process by means of formal guidance.
Find a reliable representative
Firstly, you will find a delegate, a lawyer or another designated official, to speak on your behalf with the bank and other authorities.
Negotiation with bank
Designate a person who has the experience and outstanding negotiation skills to bargain on your behalf with your bank to get you a decent offer.
Black and white
When your agent signs an agreement with a bank, it is important that it is written and signed. Until making the payment / installment, the paperwork should be signed / released.
Clearance & Release Letter
After payment of the settlement amount, the clearance or disclosure letter from the respective banks is important.