Bin Sanad for Debt Collection

Bin Sanad for Financial Collection is a specialized department affiliated to Bin Sanad Law Firm and Legal Consultants that works to recover bad money for clients, whether they are individuals or companies. The department aims to facilitate the payment of amounts due on time or in the shortest possible time in case of late payment.

Bin Sanad for 7Financial Collection provides a comprehensive range of debt collection services that provide many benefits to financial companies, including:

1- Assigning the task of collecting bad and doubtful debts to a specialized authority, which contributes to increasing the chances of recovering the amounts due.

2- Reducing the financial burden on the company by not having to hire debt collectors and pay their salaries.

3- Providing indirect costs related to the collection process, such as the costs of training and the necessary infrastructure.

4- Increasing the company's cash flow by recovering the amounts owed faster and converting them into financial liquidity.

5- Freeing time and efforts to manage other work affairs within the company.

Bin Sanad for Financial Collection motivates debtors to respond and pay their obligations through the use of legal means and advanced negotiation techniques. All documents related to the debt are studied. The expertise and deep knowledge of the staff in this field are used to develop effective settlement solutions and convince the debtor to commit to repaying the debt. In the event that the debtor does not cooperate, he shall be directed to the legal consequences.