How & Hospera

Specializing in debt recovery solutions, How & Hospera is your expert Law firm in Kuala Lumpur. Leveraging extensive experience, we deliver tailored strategies to help businesses of all sizes efficiently recover outstanding debts.

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Summary info
Hourly Rate in $
120
Established in
2019
Type
Law firm
Insurance
Yes
Employees
8
Company description

How & Hospera prides itself as a leading provider of debt recovery solutions, specializing in assisting businesses of all sizes to recover outstanding debts efficiently and effectively. Our team consists of experienced professionals with a proven track record of success. We strive to deliver tailored debt recovery strategies that meet the unique needs and challenges of each client.

Debt Recovery Process:

At How & Hospera, we understand that each debt recovery case is unique, hence requiring a personalized approach to achieve the best results. Our debt recovery process typically consists of the following steps:

  1. Initial Assessment: We start by conducting a comprehensive assessment of the outstanding debt, inclusive of reviewing any relevant documentation and understanding the debtor's financial situation.
  2. Customized Strategy Development: Based on our assessment, we develop a debt recovery strategy tailored to the case's specific circumstances. This strategy may consist of direct negotiation with the debtor, legal action, if necessary, or alternative dispute resolution methods.
  3. Communication and Negotiation: Our team maintains open communication with the debtor, negotiating a fair and amicable resolution to the debt, leveraging our expertise to achieve the best possible outcome for our clients.
  4. Legal Action, if Required: In cases where negotiation efforts are unsuccessful, we may proceed with legal action to enforce debt repayment.
  5. Debt Recovery: Once a resolution is reached, through negotiation or legal action, we facilitate the collection of the outstanding debt on behalf of our clients, ensuring prompt and secure transfer of funds.

Key Benefits of Working with Us:

  • Expertise and Experience: The Partners of the firm have over 16 years of experience in debt recovery, and our team of lawyers possesses the knowledge needed to successfully navigate even the most complex cases.
  • Tailored Solutions: We understand that every client is unique, and so are their debts. That's why we offer customized debt recovery solutions designed to meet each client's specific needs and objectives.
  • Efficiency and Effectiveness: Our streamlined processes and proactive approach ensure efficient and effective results, minimizing delays and maximizing recovery rates.
  • Professionalism and Integrity: We uphold the highest standards of professionalism and integrity in all our dealings. Our clients can trust us to represent their interests ethically and responsibly at all times.
PRICING MODEL
Letter of Demand (Pre-Legal Stage): - Our standard fee for drafting and sending a Letter of Demand is RM500. This initial communication serves as a formal notice to the debtor, outlining the details of the outstanding debt and requesting prompt payment. Legal Debt Collection: - In cases where legal action is necessary to recover the debt, our pricing depends on the size of the debts. - It is generally cheaper in the Magistrate Court, and slightly higher in the Sessions Court, and the highest would be in the High Court.
Services offered
Litigation
Civil lawsuits
Debt enforcement
Pre-legal debt collection
Legal debt collection
Insolvency proceedings
Mitigation
coverage
No items found.
Contact
Address:
Address:
C-5-8, PLAZA MONT KIARA, 2 JLN KIARA, MONT KIARA, 50480 KUALA LUMPUR
Kuala Lumpur
50480
Kuala Lumpur
Malaysia
Address:
Phone numer:
WhatsApp:
Memberships and associations
Malaysian Bar
Awards and certifications
Best Civil & Criminal Litigation Firm 2023 - Malaysia
Best Civil & Criminal Litigation Firm 2023 - Malaysia

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Top-Rated Debt Collection Agency in Malaysia
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