Our recovery team has an effective and unique multi-disciplinary approach. Whilst we have senior lawyers who are well versed in traditional legal recovery techniques, our debt recovery success stems from combining both commercial negotiators with a background in commerce as well as lawyers. Davis Lawyer’s approach to effective and prompt debt recovery is to systematically dismantle each file, identify the obstacles and formulate the most effective route for a safe exit. This includes an independent assessment of the real current market values of securities, liaising with borrowers, real estate agents, valuers and property acquisition groups. In addition, we realise that in a majority of cases, the best exit strategy for some mortgagees is for the borrower to refinance. To facilitate this, we have access to an extensive brokerage network with finance groups who can fast track most refinances. We monitor the refinance process very closely.
We prepare all the required statutory notices and court documents, such as claims and statements of claim, default judgements and enforcement warrants etc.