Bahrain Debt Collection – No Win No Fee
Creditreform operates a global specialist International debt collections service. We have local offices and fully approved expert international debt collection agency partners in every country worldwide. All our International debt collection agency partners and offices operate on a No Win No Fee basis charging an agreed commission against monies recovered only.
Main reasons why a local country debt recovery agency is so important rather than trying to recover from a debt collection agency UK are as follows:
The local International Debt collection Partners know:
- The local cultures
- The languages
- The laws
- Are in the same time zones
Herewith details of our debt collection service Bahrain
Location of debt recovery office in Bahrain?
Number of debt collection staff?
How long have you been operating a debt recovery service in Bahrain?
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?
We recover both commercial (B2B) and consumer (B2C) debts
Statue of Limitation in Bahrain?
For rentals it is 5 year for returned cheques it is 10 years and for trades it is 15 year.
How EU (European Union) laws effect debt collection in Bahrain?
No effect as our Courts can action the cases base on the agreement origins, moreover, we mainly practice the English laws, while our constitution is basically the translation of the French constitution.
How many companies registries in Bahrain for businesses (i.e. UK has just 1 central registry)?
Only one registry in Bahrain
What is the debt collection process in Bahrain?
It’s very similar to the process in the UK.
Average length of time to collect a debt?
Can late payment fees / interest to be added to claims?
Not possible as it is against sharia law.
Yet in some exceptions only if stated in the general agreement between the debtor and the creditor.
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in all countries including Bahrain debt collection services which differ from the UK and therefore it is very important that cases are handled directly by our expert international debt collection agencies and not from debt collectors UK. This method of international debt collection sets Creditreform aside from the competition who in many cases try and recover debts from a UK debt collector only. Using the local offices and partners enables us to achieve a far greater success rate and our No Win No Fee service together with competitive commission rates against monies recovered only ensures you get the best service.