1. Costs – No Win No Fee!

Having long standing relationships with all our overseas partners we have agreements to provide these services on a NO WIN NO FEE basis charging the agreed commission rate against monies recovered only.

2. Coverage in Czech Republic

Czech Republic is divided up into 13 regions and 1 capital (Prague). Our local office is based in Prague so we are well positioned to recover debts throughout the entire country.

3. Local Experience

Unlike many of our competitors all cases are handled by the local office or partner. The reasons for this are they speak the debtors’ language in this case Czech and we understand the local cultures and know all the legal processes. These are reasons why Creditreform are the ideal people to help you in collecting debts from overseas.

4. Statute of Limitation in Czech Republic

3 years but there are special exemptions so whatever the age please contact us and we will advise if we can assist with your claim

How to Instruct Us

We simply require the following details:

PLEASE CALL US ON 0121 442 5330 FOR FURTHER DETAILS

Or ask us to call you – just leave us your details:

 





Czech Debt Collection Services – No Win No Fee

 

Creditreform operates a global specialist International debt collection 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.

Once an instruction is received we will send you an immediate confirmation including our terms and conditions so you can see exactly how we operate. You will be allocated an experienced dedicated account manager who will keep you updated of all developments and is available at all times to answer any questions you may have.

–       Location of office(s) in Czech Republic
Prague

–       Number of staff
5

–       How long been operating in Czech Republic
since 1991

–      What type of debts do you recover? 
We recover both commercial (B2B) and consumer (B2C)

–       Statute of limitation in Czech Republic
3 years in most cases

–       How EU laws effect debt collection in Czech Republic?
The possibility of claiming damage through EU Late payment directive; easy enforcement of judgments of EU courts; the possibility of using the European order for payment

–       How many registries in Czech Republic for businesses? (i.e. UK just has 1 central registry)
Commercial register (Verejny rejstrik) for companies – https://or.justice.cz/ias/ui/rejstrik and Trade register for all business entities including companies (Zivnostensky rejstrik – http://www.rzp.cz)

–       What is the process in Czech Republic?
similar like in other countries; collection of interests and penalties is quite difficult

–       Average length of time to collect?
3-4 months

–       Can late payment fees / interest be added to claims?
Yes but difficult to recover

–       Insolvency
very well prepared and functioning insolvency law; possible to monitor online all details of running insolvency processes – https://isir.justice.cz/isir/common/index.do

There are many unique requirements to recovering international debts in all countries including the Czech Republic 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 UK office. This method of international debt collection sets Creditreform aside from the competition who in many cases try and recover debts from a UK office base only. Our local offices and partners naturally speak the same language as the debtors, know the local laws and specific procedures. They are also operating in the same time zone so are able to contact and liaise with the debtor at the best times of the day. Al these points enable us to achieve a far greater success rate. Also operating on a No Win No Fee basis together with competitive commission rates against monies recovered ensures you get the best quality service.

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“We are pleased with the friendly and efficient service of Adrian Harding and staff at Creditreform in collecting outstanding overdue debts on our behalf. Some accounts, especially those located overseas have been difficult customers but we are pleased with the high rate of success. We also appreciate that they keep us informed and constantly updated on the progress of the collection”
Bryan de Beer, Phoenix Fragrances
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“Within 48hrs of Creditreform being involved a resolution was agreed and within the week paid in full. The professionalism of the Creditreform team was second to none and I would and indeed do recommend them to colleagues in a similar difficult position This situation was the first time we have had to employ a company for debt recovery and it was good to feel that you have someone else ‘on your side’.”
Dean Lake, Lake Contracts
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“We have been using Credit Reform for a number of years now and we have always been dealt with in a professional and friendly way. Over time, Creditreform have managed to achieve good results for us. Would definitely recommend.”
Anna Zhakrova, Catering Hygiene Specialists Ltd
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“I have worked with Creditreform for many years and always received a first class service. Keep up the good work”
Russell Hardwick, MSC Industrial
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