Debt & Recovery Action

“Meet The Experts”

Debt & Recovery Action

We specialize in debt recovery, providing efficient strategies to secure outstanding payments through negotiation, legal action, and enforcement while protecting clients’ financial interests.

  • Our Debt Recovery Services Include:

    1. Debt Recovery Strategy Development:

      • Assessing the nature of the debt and the debtor’s financial status to recommend the most effective recovery methods.
      • Offering tailored solutions to minimize costs and ensure a swift resolution.
    2. Pre-Litigation Negotiations:

      • Initiating contact with debtors to explore repayment agreements and settlements outside of court.
      • Drafting formal demand letters to prompt immediate action and demonstrate intent to pursue recovery.
    3. Debt Recovery Litigation:

      • Representing clients in court to enforce debt repayment through legal proceedings.
      • Filing claims, responding to counterclaims, and navigating court processes with expertise.
    4. Alternative Dispute Resolution (ADR):

      • Engaging in mediation or arbitration to resolve debt disputes without prolonged litigation.
      • Negotiating flexible repayment plans or settlements that benefit all parties.
    5. Enforcement of Judgments:

      • Assisting with the enforcement of court decrees to recover debts, including attachment of property, garnishment of wages, or auction of assets.
      • Ensuring compliance with all legal procedures to secure judgment enforcement.
    6. Corporate Debt Recovery:

      • Helping businesses recover debts from customers, suppliers, or partners while maintaining professional relationships.
      • Advising on the management of accounts receivable to minimize future debt risks.
    7. Debt Recovery for Financial Institutions:

      • Representing banks, microfinance institutions, and lenders in recovering non-performing loans.
      • Handling disputes involving guarantees, securities, and defaulted credit facilities.
    8. Tracing and Asset Recovery:

      • Locating debtors and identifying recoverable assets, both domestically and internationally.
      • Collaborating with forensic experts to uncover hidden assets in complex cases.
    9. Statutory Debt Recovery Processes:

      • Advising on legal remedies such as insolvency and bankruptcy proceedings to recover debts.
      • Representing creditors in cases involving liquidation, receivership, or restructuring.

Can't Find Answers? Ask Us

    Contact Us

    Reach us On

    Office Phone

    +254 701 427 927

    Mail Us

    info@lokitanoadvocates.co.ke

    Address

    New Home Center, Ruiru, 2nd Floor, Room No. 201