Botswana 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 Botswana
Location of debt recovery office in Botswana
Number of debt collection staff
How long have you been operating a debt recovery service in Botswana
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?
We act for many corporates (bank, public listed entities) and also individuals
Statue of Limitation in Botswana
Oral contacts 1 year, written 3 years, secured lending 10 years.
How EU (European Union) laws effect debt collection in Botswana?
If its not sovereign, it has no bearing
How many companies registries in Botswana for businesses (i.e. UK has just 1 central registry)
General comments regarding process in Botswana for debt collection and how differs from UK / other European countries:
What is the debt collection process in Botswana
Letter of demand, writ of summons, judgment, attachment and then auction.
Average length of time to collect a debt?
Can late payment fees / interest to be added to claims?
Details on legal service / process in Botswana
We follow the Roman Dutch Hybrid system. Debt collection is based on contracts either verbal or written. Oral contracts are binding, but variations to a written contract but be done in writing also. High Court claims are for P 40 000 and above and below are for Magistrates Court.
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in all countries including Botswana 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 the 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.