International Debt Collection and Recovery

International Debt Collection and Recovery

Global Debt Collection, Collecting your debts, anywhere in the world

Sometimes it seems like foreign debtors can be elusive. They speak a different language and live in a country with other laws and rules.

Thanks to our global reach and international network of debt collection specialists, lawyers, and solicitors, we can collect all your debts anywhere in the world, we understand the added complexities of collecting across jurisdictions and the cultural and logistical challenges of recovering outstanding accounts across borders, and our local presence caters for different languages, cultures, time zones, and currencies.

International debt recovery and collection is a crucial aspect of global trade and commerce. With the increasing trend of import and export, it has become imperative for businesses to ensure that their debts are collected in a timely and efficient manner.

This is where our international debt recovery and collection services come into play, offering specialised assistance to companies in retrieving outstanding debts from clients located in different countries.

Our International Debt Collection services utilise in-depth knowledge of international laws and regulations, as well as their network of agents and attorneys, to negotiate with debtors and secure payments on behalf of our clients.

By using our international debt recovery services, companies like yours can focus on their core operations without having to worry about the hassle of recovering debts, ultimately contributing to the growth and success of global trade.

Our International Debt collection operates No Collection, No Commission debt collection service.

Countries we collect debt in –

• Europe A, Debt Collection: Commission Rate 20%

Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland

• Europe B, Debt Collection: Commission Rate 25%

Albania, Armenia, Azerbaijan, Belarus, Bosnia, Estonia, Georgia, Gibraltar, Greenland, Kazakhstan, Kyrgyzstan, Moldova, Mongolia, Russia, Serbia, Tajikistan, Turkey, Turkmenistan, Ukraine, Uzbekistan

• International Debt Collection: Commission Rate 30%

Middle East & Africa, Australia, Brazil, Canada, China, Hong Kong, India, Mexico, New Zealand, Pakistan, Singapore, South Korea, USA

 • Rest of the world Debt Collection: Commission Rate 35%

Enquire Today

FAQs

If you don’t pay your debts and leave the country, there can be serious consequences that can affect your financial stability and future opportunities. Firstly, your creditors may take legal action against you, which can result in a damaged credit score and difficulty in obtaining loans or credit in the future. Additionally, if you have any assets, they may be seized to cover the unpaid debts.

Furthermore, your unpaid debts may also impact your loved ones who may have co-signed for any loans or financial agreements with you. It is important to communicate with your creditors and come up with a repayment plan before leaving the country to avoid these consequences and maintain financial stability. Ignoring your debts and leaving the country can create long-term repercussions that can greatly impact your life and finances.

It depends on where you are. If you’re in the UK they can only take you to court in the UK, unless they’re taking action over a property. But if you’re living in the EU, they can take you to court in the EU. They can’t take you to court if you’re only in the EU for a short time – for example, a holiday.

It’s a common misconception that legal proceedings against an overseas debtor can only be instigated in the country where the debtor trades or resides. In fact, in some cases, it’s possible to litigate in the UK for an overseas debt.

There is a possibility that some creditors won’t pursue you for a debt in another country, but this isn’t a certainty, and there are other paths they may go down. For example, if a creditor attempts to bankrupt you in the UK, bankruptcy is recognised across most European and international borders.