Legal
Once you have exhausted the soft and amicable debt collection options, taking the legal route is the best option for debt recovery. Cred Resolution PVT. LTD. is housed with legal experts who work with you closely at every step to derive expected outcomes in debt recovery/settlement. We table all the options for you while advising you on the feasibility of legal action. Our detailed analytics provide a viewpoint on actionable insights and help you make informed decisions.
Our Legal Services Include:
Following Notices Are Developed Through Ageing of Delinquency:
Default Intimation Notice
Conciliation Notice
Guarantor Notice
Loan Recall Notice
Notice On Adverse Impact on Credit Rating with Credit Bureaus
Delivery or Acknowledgement Using Bar Code Technology
Return Notices with The Reason of Return Analysis
LokAdalat For Amicable Settlement of Claim
Mediation Under Commercial Courts Act
Managing Entire Arbitration Proceedings from the Date of Delinquency till The Award Including:
Issue Of Demand Notice
Reference To Arbitrator
Conducting Arbitral Proceedings
Filing For Application for Enforcement in Court/S
Conducting Attachment Process
Issue Of Demand Notice
Filing Of Application Before Tribunals
Filing Of Claims Before Resolution Professionals
Initiation Of Liquidation Proceedings
Issuing Notice
Services Of Summons
Execution Of Warrants
Initiating Criminal Complaints
Conducting Conciliation Camps
Follow Ups and Negotiations
Initiate And File Execution Application for Enforcement of Final Award
Identify Borrower / Co-Borrowers / Guarantors, Moveable / Immoveable Properties Belonging to Them.
Negotiate With Borrower for Settlement.
Attach The Properties Through the Bailiff/Court.
Conduct Process of Sale Such as Valuation, Advertisement, Auction Etc.
Taking All Possible Steps for The Recovery.
Initiating Application Before District Magistrate for Enforcement of Securities Under SARFAESI.
Assistance For Taking Possession of Assets.
Identify Buyers to Secure Maximum Value Of The Assets.
Conducting Sale Process.