The Russian Debt Corporation Collection Agency, managing the Russian Debt Market, the information and trade system, offers its services for sale of debt claims on open biddings. Auctions are carried out in accordance with the Civil Code of the Russian Federation, and are promoted successfully through the mass media and Internet. Auctions are open by name and in fact, which means that the debt can be bought by anybody who is the highest bidder. The Russian Debt Corporation Collection Agency is interested in the sale of the debt claim in the auction for the highest price possible as the fee for the services of the company is rated on a fixed percentage basis from the total sum of the debt sale.
The activities of The Russian Debt Corporation Collection Agency aimed at holding of auctions for sale of property and debts is insued by AlfaStrakhovanie, JSC
Documents necessary for holding of auctions (biddings)
- Regulations on Organization and Holding of Auctions;
- Patterns of informational advertisements about the open debt auction;
- Bidding rulesfor open debt auction;
- Contract for rendering of services for organization and holding of the debt auction;
- Contract for rendering of services for organization and holding of the property or real estate auctions;
- Application for participation in the debt auction;
- Contract for letter of accreditation;
- Contract for downpayment;
- Final protocol of the debt auction;
- Written extract from the final protocol;
- Standard form contract for debt claim session.
The Russian Debt Corporation Collection Agency also specialises in other various services on the debt market for debt recovery, namely, sale and purchase, collection and restructuring of debts, rating and evaluation of the market price of the debt, a number of information services, consulting and preparation of analytical materials on the financial standing of the debtor.
The Russian Debt Corporation Collection Agency holds auctions in accordance with the Civil Code of the Russian Federation (art. 447-448)
If your company has assets in the form of outstanding debts, and your debtor has exceeded the terms of payment or delivery, so you’ve decided to sell your debt claim, or else if you are interested in fast and maximal results (it’s usually from 1.5 to 2 months for the preparation of the auction after the contract conclusion), please, fill out the form below.
After receiving the primary information, specified in the form, our lawyers will contact you to offer efficient ways for settlement of the issues you are facing in your business and to discuss the terms of our cooperation.
We’ll do our best to help you out!
The activities of the Russian Debt Corporation Collection Agency for sale and purchase of debts are carried out in accordance with the Civil Code of the Russian Federation.
