:: Debt Remedial and Risk Management Services ::

Remedial and work out activities represent a tremendous burden to the management and resources of banks and financial institutions. Many banks and companies have, as a result, created risk management departments to deal with irregular accounts.

It became clear, however, that the cost of these departments is high when compared with their limited achievements. CRC plays a major role in diminishing these burdens by providing the following specialized services:

• Assist clients in the management of delinquent accounts and propose remedial solutions to debtor's problems.
• Provide investigative and verification services on clients' debtors. These include regular and irregular customers as well as those on the watch list.
• Handle negotiations with debtors on behalf of credit granting companies for rescheduling, debt consolidation, settlements, and other means in dealing with delinquent accounts.
• Offer debt collection services upon normalization of lones.
• Provide professional interventions to solve cases under legal actions.
• Propose to serve as a full fledged risk management department; thus relieving the clients of creating an in-house department for this purpose.

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