Equity for Debt Collection
A company specialized in debt collection, working with high productivity in terms of time, effort and costs to save government and private institutions and individuals the cost of collection work by providing employees of qualified collectors and skilled lawyers
Muscat, Al Mawaleh, Al Mouj Street, Bait Al Mouj Building, 4th Floor, Office No. 406
Sultanate of Oman
Equity
إيكوتي
Who are we
Equity for Debt Collection LLC: is an Omani company established in 2021 under the Omani Companies Law issued by Royal Decree No. 18/2019, as an urgent need to find solutions to collect the debts of individuals and companies that lifted by the Corona pandemic, and its effects on society and the economy, we provide our services In professional and distinct ways that are consistent with the standards and laws of the Omani society in force in this regard, and in its work it relies on the approved international accounting standards to reach the fastest results with high productive efficiency in terms of time, effort and costs. It is managed by cadres with scientific and practical experience of more than 25 years in credit and legal work, debt collection and management, of all kinds, governmental and private
Our mission
In order to achieve its objectives, "Equity" works on the total link between the need of the creditor and the debtor for an integrated and acceptable settlement that restores the creditor’s rights and preserves the debtor’s existence to continue paying his debts by following all available administrative and legal collection methods in a framework of confidentiality, professionalism, accuracy and honesty to preserve the safety and reputation of those dealing with it from creditors and debtors.
our vision
Upgrading the debt collection work to a professional level to serve the community and ensure the maintenance of a good relationship between creditors and debtors to advance the economy in an environment free of financial conflicts as much as possible.
We are interested in collecting the following debts:
Debt collection of government agencies
Individual debt collection
Corporate debt collection
Portfolio management and follow-up
The importance of Equity : Today
Areas of specialization
Collection of receivables resulting from the non-payment of the beneficiaries of public services and their failure to fulfill their financial obligations such as electricity, water, and any other services provided by the private or public sector
Tracing and prosecuting the debtors internationally to ensure the return of the money to its owners.
Collection of receivables resulting from the sale and purchase of real estate (land/building) of all kinds, including rents that tenants fail to pay, as well as managing the collection process on time.
Providing monitoring and follow-up services for credit and financial portfolios by monitoring the payments to be paid periodically and continuously and paying it on time and extrapolating the possibility of change occurring or not, in order to find appropriate prior solutions to ensure the achievement of continuity with the creditor companies.
Collection of receivables between individuals and individuals, and between companies and individuals resulting from any services they provide and/or a commodity they sell to the other party in return for a certain amount, and the buyer and/or the beneficiary fails to pay its price, whether it is documented with sufficient documentary guarantees or not.
Collecting the receivables resulting from the debtors’ failure to abide by the value of the bids and contracts in accordance with the agreements signed between creditors and debtors and the agreed terms.
After obtaining the legal authorization to collect any of the debts of companies and/or individuals, we work through a qualified and highly experienced team to assess these debts by studying the legal and financial value of them, in terms of the history of the debt, supporting documents and the size and nature of the debt and developing a study The debtors are then contacted and their data updated in various available ways, inviting them and encouraging them to negotiate and assisting them in finding appropriate payment solutions through the collection staff and putting pressure on them until the process achieves its objectives. And if necessary, after the exhaustion of all available means, legal methods are used to pressure them to pay, settle and terminate their obligation towards the creditor company.
working mechanisms
Our principles
1- Complete confidentiality of both the creditor and the debtor.'
2- Commitment to complete clarity in the progress, stages and dates of collection procedures.
3- Complete integrity and commitment to the ethics of the profession in the implementation of our agreements and in the receipt and delivery of funds and return them to their owners
Working Team:
The company is managed by qualified consultants with long experience of more than 25 years in legal and banking work and experts in collecting funds in the public and private sectors and individuals
1- Efficient and experienced collectors, possessing the highest skills of negotiation, persuasion and communication.
2- Qualified Lawyers in providing legal opinion and appearing before the various levels of litigation.