IRB Law offers an affordable, professional, and legal method of debt recovery in Singapore. We provide services and advice on debt recovery to individuals and business of all sizes.
The process of debt recovery is unique to each situation and our lawyers will be able to advise you on the appropriate steps as part of your initial consultation. Our goal throughout any engagement is to help you recover the debt. This ideally means we recover early, and without going to court.
If you’re looking to recover a debt from an individual or company, we can help.
We have a strong track record helping clients recover outstanding debts quickly and effectively.>
We draft clear, impactful Letters of Demand and provide practical strategies to resolve disputes efficiently.
We offer upfront, reasonable pricing with no hidden charges, giving you clarity and confidence throughout the recovery process.
The process of debt recovery is unique to each situation and our lawyers will be able to advise you on the appropriate steps as part of your initial consultation. Our goal throughout any engagement is utlimately to help you recover the debt. This ideally means we recover early, and without going to court. Below are the typical steps of escalation that occur in debt recovery cases.
The first step is to gain a full understanding of your current situation so we can advise on the appropriate next steps.
At this stage we review the debtor in detail, primarily we want to understand if they have the financial capability to pay back any debt.
This formal document is designed to warn the debtor of potential legal action if the debt is not paid back. It can be later used in court.
We await a response from the debtor after their receipt of the letter of demand. We will support in negotiation between parties where required.
If the letter of demand proves unsuccessful we can then file a claim with the appropriate court. The amount and type of claim will depend on the route taken.
Post any successful court decision, it’s possible the debtor may still not pay up. We will advise on the appropriate next steps to enforce the collection of the debt.
Mohamed Baiross is the managing partner of IRB Law and one of the nation's leading lawyers in multiple practice areas, including civil, corporate, and commercial law. With over three decades of experience as a business lawyer, Mohamed Baiross has built a renowned corporate law firm in Singapore, providing expert legal services to global corporations and local businesses.
Kulvinder Kaur is a prominent commercial and corporate lawyer and an expert in litigation matters. Kaur is well-known in all courts of Singapore for strong legal representation in the most complex cases across multiple practice areas.
Yes, we are experienced in handling all kinds of debt recovery, both corporate and personal matters.