Assistance with collecting unpaid debts from clients

Our company is not operational anymore as we had debt with two banks and we are now in India. So, we have been negotiating with the bank directly to bring down the one-time settlement amount.

We most likely have two cases against our company by these two banks.

I need two services from you.

1. Collect debt on behalf of us - from several companies - total around AED 1.3 million.

What's the likelihood of collecting these debts?

How will you pay back to us in order for us to settle to other suppliers?

And is there any fee or once you receive our payment? If there is an upfront fee, we are unable to pay at this stage.

2. We already have AED 600k worth of cheques under our company name. How will you help in cashing those cheques on behalf of us? Is there a way?

If we deposit into our bank account, does it get deducted towards our debt without reaching a settlement. There are 4 cheques.

Share your thoughts. We would hire you if your answer makes complete sense to us.