Recovery of receivables in Kazakhstan

It is recommended that all companies develop a credit policy to prevent problems. We provide receivables risk mitigation services. If necessary, our teams of financial and tax advisors and lawyers are ready to provide accounts receivable collection services:

  • Analyzing possible scenarios and preparing for accounts receivable recovery
  • Negotiations with the counterparty and pre-trial settlement

We are not a collection agency and the debtor will perceive the transfer of business to us more positively than going to collectors or selling the debt. Our goal is to find optimal solutions on terms acceptable to the debtor.

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3 reasons to hire our team

1. Professionalism

The collection of accounts receivable often puts debtors under some kind of pressure so we can liaise with counterparties on your behalf so that you can preserve your business relationship with them wherever possible.

2. Experience

Our lawyers have extensive experience in negotiating all kinds of situations, in settling out-of-court. Counterparties will be able to act only under the law of Kazakhstan.

3. Specialization

When dealing with accounts receivable is not a core activity of your business, doing so is time-consuming and labor-intensive, so it is better to let our specialists do this for you. This way, you will save time and resources.

Leading positions

Konsu is one of the leading consulting companies in Russia. We have been included in the following ratings of the rating agency Expert RA:

  • Top-10 in accounting outsourcing
  • Top-10 in payroll outsourcing
  • Top-15 in financial consulting
  • Top-15 in legal consulting
Ratings and associations

Stages of debt collection process

Preparation

  • We review contracts for compliance with laws of the Republic of Kazakhstan;
  • We collect information about the counterparty;
  • We review documentation confirming proper fulfillment of contractual obligations;
  • We assess whether debt can be collected;
  • We manage claims.

Debt recovery through pre-trial process

  • We assess whether there is a risk that the debt could not be collected due to a decrease in the debtor’s liquidity;
  • We look for opportunities and take measures to reduce the risks of non-repayment;
  • We prepare proposals;
  • We conduct negotiations;
  • We send pre-action letters.

Alternative options

We estimate the return on the undertakings for each of the following options:

  • Agreeing upon new terms with the debtor;
  • Proposing a transfer of receivables under (if possible) on acceptable terms;
  • Restructuring;
  • Selling receivables under an assignment agreement;
  • Factoring.