Recovering what you are owed
Unpaid invoices affect cash flow and business relationships. Our debt collection practice helps creditors recover outstanding sums from debtors in Iran, using the most effective route for each case, from a carefully worded demand letter to court proceedings and enforcement.
We act for suppliers, manufacturers, distributors, service providers and financial creditors, including many international companies whose Iranian customers have fallen behind on payment. We understand that our clients usually want two things: to be paid, and to spend as little time and cost as possible getting there.
Our approach to debt recovery
Each case begins with a review of the underlying documents: the contract, purchase orders, invoices, delivery records and correspondence. This tells us how strong the claim is, what evidence supports it and which forum is available, including whether the contract contains an arbitration clause.
We then make a formal demand and, where appropriate, open negotiations for payment or a structured settlement. Many debts are resolved at this stage. Where they are not, we advise on legal proceedings, interim measures to protect assets where available, and the enforcement of judgments and arbitral awards.
Debt collection services
- Pre-action review: assessing the claim, the evidence and the debtor's position.
- Formal demands: letters of demand and negotiation with the debtor or its representatives.
- Settlement agreements: documenting payment plans and settlements so that they are enforceable.
- Court proceedings: filing and pursuing claims before the competent courts.
- Arbitration claims: pursuing debts where the contract provides for arbitration.
- Enforcement: enforcing judgments and awards against the debtor's assets.
Working with international creditors
Foreign creditors often face unfamiliar procedures and language barriers when a customer in Iran stops paying. We correspond in English, explain each step and its likely outcome, and keep you informed throughout, so that you can make commercial decisions with a clear view of the legal position.
Debt disputes frequently overlap with contract and litigation questions. Our teams work together to make sure the claim is presented in the strongest possible way.
Protecting your position early
The strength of a debt claim often depends on steps taken long before payment falls due: clear contract terms, accurate invoices, signed delivery records and written acknowledgements of the debt. We advise clients on these practical safeguards, so that if a customer does not pay, the evidence needed to recover the debt is already in place.
When a payment problem first appears, early advice also matters. Acting promptly can prevent a debtor from moving assets, preserve important evidence and keep limitation periods from running. We give a quick initial assessment of the claim and recommend proportionate next steps, so that the cost of recovery stays in line with the amount at stake.
What to expect when you instruct us
- Initial review: We read your documents and outline of the matter and confirm whether we can act.
- Consultation: We discuss your objectives, your legal position and the options available.
- Engagement: We agree the scope of work, the approach and how we will keep you informed.
- Delivery: We carry out the work and report on each significant development.