Debt Collection Attorney in Dhaka – AAZ Partners
AAZ Partners is a premier law firm in Bangladesh offering effective risk-free debt collection services, renowned as the go-to partner for debt recovery since 2005, and an exclusive Debitura partner in Bangladesh, offering No Cure No Pay debt collection based on Debitura's risk-free standard terms and pricing.
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Company description
About AAZ Partners – Legal Debt Collection in Bangladesh
AAZ Partners is a leading law firm in Dhaka, Bangladesh, specializing in debt collection and corporate legal solutions. Established in 2005, the firm is renowned for its effective and timely debt recovery services while maintaining client relations and financial protection.
Proven Results
AAZ Partners has consistently demonstrated expertise and effectiveness in the realm of debt collection. As an exclusive Debitura partner, the firm provides risk-free pre-legal debt collection services, abiding by Debitura's high standards. These services ensure successful outcomes in challenging markets like Bangladesh. Moreover, the firm's affiliation with the Bangladesh Bar Council further reinforces its commitment to professional ethics and standards in legal practice.
Meet the Team
Founded in 2005, AAZ Partners is home to a dedicated team of 25 professionals. The firm is led by Anisuddin Ahmed Khan, its Chairman and Managing Partner, and Muhammad Zeeshan Mohsen, a Partner, both recognized members of the Dhaka Bar Association. This depth of expertise enables AAZ Partners to guide clients through complex legal terrains effectively. The firm's robust association with the Bangladesh Bar Council ensures adherence to industry standards, providing clients confidence in their legal processes.
Services & Industries
AAZ Partners excels in a variety of legal services including pre-legal (amicable) debt collection, legal debt recovery, and corporate law advisory. The firm is particularly noted for its expertise in handling commercial debt recovery, ensuring strategic solutions for industries ranging from finance to manufacturing. By offering exclusive No Cure No Pay debt collection, AAZ Partners stands out as a distinguished debt collection agency in Dhaka. As the business landscape evolves, the firm’s services adapt to meet the changing needs of industries.
For further context, see Debitura’s Bangladesh debt‑collection guide, which outlines local regulation and best practices. The trust and dedication AAZ Partners offers make it a reliable choice for businesses seeking efficient legal debt solutions in Bangladesh.
PRICING MODEL
As an exclusive partner, AAZ Partners, a renowned law firm, provides pre-legal debt collection under Debitura’s Standard Debt Collection Agreement and pricing.
The firm offers a "No Cure No Pay" model, meaning clients incur no upfront costs for pre-legal recovery. The only payment required by clients is a success fee, which is owed only if AAZ Partners successfully recovers the debt.
Should AAZ Partners fail to recover the claim, clients owe nothing. This efficient approach is designed to minimize risk and maximize potential recovery for clients.
What success fee applies?
The success fee is contingent upon various factors including the location of the debtor, the size of the claim, and the age of the claim. Generally, newer and larger claims enjoy lower fees.
For comprehensive pricing details, please visit: Debitura Pricing
Legal Action
In cases where legal action becomes necessary—such as disputed claims or unsuccessful pre-legal efforts—AAZ Partners may provide a custom quote via the Debitura platform for client approval. This legal escalation lies outside the standard No Cure No Pay agreement.
Process
To submit a debt-recovery claim to AAZ Partners, first create a free profile on Debitura. Once registered, you can upload your claim through the Debitura portal, where the specific success fee will be visible before submission. During this process, a Power of Attorney (PoA) is digitally executed via the Debitura platform, allowing AAZ Partners to manage pre-legal debt collection on your behalf.
Debitura’s Standard Debt Collection Agreement
As an exclusive Debitura partner, AAZ Partners operates under Debitura’s Standard Debt Collection Agreement. This agreement establishes the minimum service-level requirements that are adhered to during the pre-legal stage, ensuring the highest quality of service.
Pre-Legal Debt-Collection Workflow
The collection strategy is specifically tailored to each case, generally encompassing the following steps:
- Step 1 — Case approval (≤ 48 hours): AAZ Partners reviews the submitted documentation to confirm acceptance of the claim.
- Step 2 — Debtor assessment: The financial situation of the debtor is evaluated to strategize further action.
- Step 3 — Formal demand notice: A written demand for payment is issued to the debtor.
- Step 4 — Multi-channel collection campaign (3–6 months): Utilizes letters, emails, phone calls, and SMS messages to achieve payment. If necessary, negotiation for an instalment agreement is conducted.
- Step 5 — Continuous monitoring and follow-up: Regular communications are maintained to ensure compliance with settlements.
- Step 6 — Legal escalation (optional): If pre-legal efforts are unsuccessful, initiating legal proceedings may be considered. These actions fall outside the scope of the Standard Debt Collection Agreement, with associated costs clearly quoted in the Debitura portal requiring explicit written approval.
Discover how Debitura transforms debt collection with its tech-powered platform. Debitura is a tech-enabled debt-collection platform that routes every claim to vetted local experts for immediate, country-specific action. Operating in 183 countries, including Bangladesh, Debitura offers a no-cure-no-pay benefit, guaranteeing clients only pay upon successful recovery. Clients interested in how to collect debt in Bangladesh can benefit from insights on statutory interest and applicable timelines. The Bangladesh debt-collection guide equips creditors with essential legal and procedural knowledge for effective action. Explore the Asia debt-collection network to understand the regional expertise that supports these efforts.
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Top-Rated Debt Collection Agency in Bangladesh
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