Debt Collection Agencies in UAE

It is significant for the business partners to develop trust for every other. Trade occurs between the customer and seller. Same happens with just in case for service providing companies. Business means profit and loss; crisis happens in business also. It happens sometimes that you simply don’t receive the cash on the expected time, which you’ve provided to a different organization. Unpaid invoices definitely create problems for your business. The creditor must take serious actions against the debtor just in case the debtor isn’t ready to return the due amount. So as to recover debt you would possibly need a well reputed debt recovery agency.

While selecting the debt collection agency make sure that agency has relevant license and authorized to operate in the region of UAE. First task of debt collection agency is to develop a link between the creditor and the debtor. Debt collection Dubai agency makes sure to follow certain rules while recovering the debt. It’s the prime responsibility of a debt collection agency to make sure the reputation of the client within the market.
Debt Collection in UAE

The method starts with the reminder to the debtor about the outstanding loan. Agency must be in touch during the entire process with debtor also as creditor. Debt collection is completed on the behalf of customer. dubaidebtrecovery.com are best in their business as they have enough experience and potential to recover every amount from any  debtors. When debt occurs then company faces many issues. Many businessmen attempt to resolve these matters on their own but they create problems rather than resolving this.

The missing debt will be recovered by implementing the approach of debt settlement. Debt collection agencies perform each step of debt settlement in an appropriate manner to assist the concerned parties within the absolute best way.dubaidebtrecovery.com have been working in the UAE from past Two decades. We can proudly claim that we have provided legal help to thousands of people during this period. dubaidebtrecovery.com have developed extensive network of the associate lawyers all across the world particularly in the Middle East region. Due to our services, we have been ranked as one of the best debt recovery agency in the region. Clients have been our preference throughout our journey. We always think about the betterment of our client. Keeping in view the same criteria, we introduced the policy of NO Win NO FEE. It means that we will only demand the fee, if we made a successful deb recovery. In case we failed to do so, unlike others we will not claim even a single penny in the name of service charges. This initiative was taken by the management to enhance the client’s trust on our firm and the legal procedure for the debt recovery in UAE adopted by us. We believe that when it comes to financial disputes, it’s not an easy task to win the trust of the affected as they are already facing financial constraints due to outstanding amount.

If you have any query related to debt recovery in UAE then feel free to contact us. You will found us at our best to assist you.

Are Autonomous Trucks Going to be on the Nation’s Highways Soon?

The race to field autonomous trucks has started to intensify. There are many startup companies vying for millions of dollars in research funding to make the dream of autonomous 18-wheelers a reality. With the United States freight market estimated to generate approximately 700 billion dollars annually, the competition to get the first autonomous trucks onto our nation’s highways is fierce. But truck accident lawyers fear this race to be first will come at the expense of safety.

Developing the Technology

A San Francisco based company by the name of Otto is developing driverless technology for their trucks. In 2018, one of their autonomous prototypes made a successful 120-mile journey in Colorado between Fort Collins and Denver. Otto’s proprietary driverless system has a micro-super computer that currently carries a hefty price tag of $100,000 per unit, although there are aspirations to lower the cost of the driverless system to around $10,000 per unit as demand increases and governmental policies allow driverless technology to expand onto public roadways.

Other Key Developers of Autonomous Technology

There are many companies all over the world who are in the process of developing autonomous trucking technology. Some of these companies are listed below:

  • Peloton Technology. Peloton Technology has a platform under development called V2V Tech, which enables the autonomous truck to react to the actions of the vehicle in front of its path.
  • The Embark Company has developed a highway auto-pilot system that uses sensors, radar, and cameras to guide the driverless truck to its destination.
  • Einride is a Swedish company that is currently developing an automated electric truck that can be operated remotely or driven autonomously.
  • Volvo has been in the autonomous trucking development business since the inception. In 2017, Volvo unveiled an autonomous garbage collection truck and claim they have autonomous trucks used in underground mines.
  • Kodiak Robotics. This company is reportedly running automated truck deliveries between Dallas and Houston in Texas.

Are Autonomous Trucks Going to be Safer?

The idea of a vehicle cruising down the highway with no one at the wheel is a frightening concept, especially if it is an 18-wheeler. The trucking industry has historically lagged behind everyone else when it comes to truck safety technology.  Because truck accidents cause between 4,000 and 5,000 deaths annually at present, one must take pause when talking about driverless vehicles. But it is interesting to note that the National Highway Transportation Safety Administration has found in studies that human error may account for up to 94% of all large truck and bus accidents.  A computer-driver truck does not need no doze, coffee, nor stretching breaks to complete a long haul without falling asleep. A computer cannot be distracted by a cell phone nor blinded by the sun. A computer also cannot ignore programmed driving rules or laws. Thus, one can also see how an accurately programmed computer might be safer than a human driver. In the end, we will just have to wait and see how accurate the programming is. Society has obviously been allowing of a high level of human error in trucking accidents, will we be as forgiving if we see the same level of computer error?

Christopher K. Fletcher is a trial attorney and Shareholder at Simmons and Fletcher, P.C. He has been practicing law since 2009. Chris was named a Rising Star by Thompson-Reuters in 2020. He has been named as one of the Top 40 Under 40 attorneys by the National Trial Lawyers from 2017 through 2020, He was also named one of Houston’s Top Lawyers by H-Texas Magazine in 2020. He attended Baylor University School of Law and graduated with a special concentration in Civil Litigation. Since then, he has dedicated his career to representing personal injury victims.

 

Why is it important to make your will?

What would happen to your family if you couldn’t be with them tomorrow?

What would happen to your most precious assets? How would they be distributed with your loved ones? Would your family stay in peace?

To be honest, only a few people are interested in these questions and decide to take action on them. To achieve this peace of mind and have the security you want for the future of your family, having a Will and consulting a probate attorney are a priority.

What is a Will?

A Will is a civil liability; a legal document where the last will of a person is declared when he or she dies and how he will inherit his property and assets (ideally before a Notary or a person with legal authority). In addition, it is the only legal way by which a person can designate heirs.

However, there are many myths and lies that mean that in some states, including Texas, there is not a good culture of prevention. But that’s what they are, lies. The reality is that having a Will is much easier, more accessible, and more valuable than you might think. In Texas you can easily find a Texas probate lawyer. You can find many Texas probate services.

And in this post, we want to spread the importance of ensuring the well-being of your family even when you are absent and deny what is not true.

We will start by establishing several truths:

– It doesn’t take a fortune to make a Will. If you have any property, real estate, car or valuables, you can attest to them. As long as you are in legal possibility to testament, you can easily follow the process. In this case, the presence of an estate attorney is very important.

– There are many different types of Wills depending on your situation or particular needs.

– The procedure is not long or expensive; Any lawyer can advise you in the process and the costs are not expensive at all.

– You can grant the rights to whoever you want, including people who, without the Will, would not have them, in addition to allowing you to regulate the rights of minors even in your absence

– Bring tranquility to your family, order in the inheritance process and protect the future heritage of your loved ones.

If you want to process a Will, the steps to follow are quite simple:

1) Define which assets you want to inherit. Not only real estate, but also objects, bank accounts, copyrighted works and anything that belongs to you. You need some advice from an estate lawyer.

2) Understand 3 essential terms: Legatees (individual to whom you want to designate a specific asset) Executors (individuals appointed to fulfill certain wishes of the Testator) and Guardians (individuals appointed to care for the Testator’s children after his death).

3) Go to a Notary you trust. The process begins formally; To give it validity, it is necessary to legally express the will of the testator before a Notary Public and give it legal value.

4) Bring all the documentation that links you to your assets. Receipts and all kinds of valid documentation, in addition to the necessary paperwork to follow the process.

5) Choose who you want to inherit your property: nephews, friends, family, anyone you want to inherit; You can also recognize children you did not recognize in life but want to protect after you die.

Dealing with a will is not as difficult as you might imagine. One thing is for sure, you need a good probate lawyer.