International Debt Collection
Collecting outstanding debts from international debtors can be daunting, but with the right international debt collection agency, you can collect the money owed to you. Similar to domestic debt recovery services, your agency will need to follow a set process laid out by the relevant authorities.
What Is International Debt Collection?
Collecting outstanding debts from an international client for services or credit issued.
The national laws of your debtor’s locale determine the international debt recovery process.
An international debt collection agency should have relevant experience collecting outstanding debts from the country your debtor is located.
Outstanding debts from domestic or international debtors can be stressful. They lead to cash flow problems and unnecessary bottlenecks to business operations. The process for international debt collection can be more complicated than the UK debt collection process. You should still pursue the collection of the money owed to you as some international debt collection agencies have a 90%+ success rate.
International Debt Collection Agency
Companies across the UK use international debt collection services from the debt collectors in our network. Debt can be recovered from anywhere across the globe. Strategic partners, networks and contacts make 3rd party international debt collectors a great choice for your business.
Discuss with your international debt collector the legal and ethical processes they must follow in the country of collection. A team of debt collector solicitors and lawyers will work alongside the enforcement team to ensure a speedy and legal recovery.
International Debt Recovery Costs
Fees for collecting debt from another country should be explained clearly by your global debt recovery team. These can be ‘Fixed Fees’ or ‘Variable Percentage’ depending on the services required. A pre-collection assessment should be completed prior to committing to collecting a debt. This will enable the international debt collector to advise on the required process and likelihood of collection.
We can introduce you to a number of trusted international debt collectors as well as local specialists in London, Birmingham & Manchester.
