Archives June 2019

Over the past month, there has been a visible improvement of UAE Debtors approaches to seek Remedial Support for their overdue outstanding liabilities, whether still in the country, or skipped/exited out of the country.

This is an excellent sign of progress, when Debtors are taking ownership and responsibility for their UAE liabilities, where many have shared that they wish to return.

I guess that when facing a Debt-Crisis, it gives you a tough lesson and once you exit for example, you understand once you arrive on the other side and sit it out for months, if not years, that the grass is never greener on the other side, especially if you have resided in the UAE for years or decades.

Our philosophy as experienced Expatriates resident in the UAE for almost 2 decades is that, “The Power of Money is in the UAE and it will remain here”, where you will only find this out the hard way. There is no other country in the world where you can rebuild and recover within a short period, versus in your home country and we understand this, because when we exit to our home countries, we find that we start living in a dire lack, that money does not flow that easily and one key lesson you need to realize is that running from anything, does not make you free, in fact it adds loads of years on your life, because you end up spending it ‘watching your back’, that a Creditor may just manage to locate you to pay your dues, leaving you in a worse situation, as you have no more money by this stage.

Hence, it is very refreshing to see the Debtor reach almost on a daily basis, where you need to understand that there is a solution for everyone facing a Debt-Crisis, because anything is negotiable with the ability for new Settlement Plans or Restructures, you must just be willing to take this ownership and responsibility, to make the right decision to free yourself from these liabilities that continue to weigh you down emotionally, because its very hard to cope with those emotions.

We also understand the ‘Trust Factor”, of entrusting your liability Settlement Plans with a company you have no experience with, but the consolation is that we insist upon securing a new Settlement Plan or Restructure for you, that you directly deposit or transfer these payments and/or EMI’s into your Creditor account, alleviating any future problems.

We are fortunate that to date, we have established a sound reputation of credibility and trust with our Clients and Creditor Partners, which we treasure and nurture for the next years, to bring the best to the table for all Parties.

We urge you if you are a private individual or company owner with this struggle, then contact us today, all confidentiality assured, as we operate with the highest degree of integrity.

Thank you

Because of inevitable changes in the market, where many have jumped onto the ‘Remedial Band-Wagon’ since 2010, many new Clients want to know:

a. Who is EFFRS?

b. What do we stand for and what kind of service do we provide? Seems some newbie Debtors are unfamiliar with Remedial Services.

c. Where does EFFRS fit in?

d. How effective are our services? Reason is because they have tried to secure new Settlement and Restructure Plans with their UAE Creditors, but failed, or did not secure what they needed, so they are still exceeding their DBR (Debt Burden Ratio).

Realism is, what EFFRS is about, is not Loans & Overdues Restructuring Recovery Services, although we do that well and have perfected the policies and procedures over the years, but in essence, EFFRS is something much more than this, because at our very core, within our complete Team, we are passionate about helping people, seeing them improve their lives and get out of the financial rut they are in, to be on their way to Debt-Recovery, it’s that simple.

Yet, we closely monitor the markets and once we identify specific changes on the approaches to Remedial for example, or the popularity of UAE Creditors positively receiving these requests, their changing policies applied, where again, we ensure alignment with these policies but over the latter years, especially the past year, regular policy changes were evident, which meant that EFFRS had to continue reviewing our approach with Debtor Clients, to ensure that our Remedial Services, still continued to create value and that we could continue achieving successful assignment completions, as promised to our Debtor and Creditor Clients.

“The people who were crazy enough to think they could change the world, actually did…”

The Remedial Support we tender to our Debtor Clients, does just not stop with them, because if they are able to become Debt-Free, through only taking ownership and responsibility for their Debts and finally become Debt-Free, then they are paying it forward for their upcoming generations, by leading by example and thereby eliminating future suffering, which means embracing change, transformation, happiness, prosperity, abundance, good health and well-being.

How does well-being or good health fit into this equation?

Simple: When you are piling Debtor calls, pressure, tension, stress, negativity and all the bad emotions into your being on a daily basis, with no release valve to release the piled up resistance over many days, weeks and months, possibly years, then the outcome can only be illness that could reach serious levels if you don’t curb it in time. Everything we do, our existence, is dependent on our health and well-being, which is considered to be gold, without that, we are incapacitated and unable to perform at our peak levels. So this is No 1!

We consider ourselves to be a visionary progressive company, that has no room for complacency, because we have learnt to retain scalability, be able to apply effective ‘Game Changing’ initiatives, to ensure we continue to present and create Value Added Services for our Clients, because without maintaining those policies, we will become redundant, where our intention is to be around for many decades to come!

We believe that the work we do daily, touches the Souls of many who need us to support them to activate and complete their Debt-Recovery, so they can persue their dreams and goals and fully support their families, like in the good old days and that’s possible, when you are taught how to become aligned with who you really are and not just focus on the stress and pressure of the lack of money in your life, because if you do, you create blocks and the same patterns you are struggling with in your life. So reality is that you cannot create new with old habits and that is where EFFRS places value, before even embarking on the Debt Remedial Plan with the Client, because without the mindset change, there will be less progress.