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 Federated States of Micronesia

Federated States of Micronesia (FSM) is an independent republic associated with the USA. It consists of four states – Yap, Chuuk, Pohnpei and Kosrae. Our local office is in the capital Pohnpei ensuring we can recover debts throughout all of FSM.

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 there are 18 recognised languages with English being the official language. 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 Federated States of Micronesia

6 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:

  • Full name & address of the debtor
  • All available contact details of the debtor i.e. contact name(s) / Tel / Mobile / Email(s)
  • Amount owed (Invoice(s) or Statement will help)


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


    Federated States of Micronesia 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. All our international offices and partners initiate the collection processes by sending the debtors a debt collection letter to introduce their involvement.

    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:

    1. The local cultures
    2. The best methods of initiating debt recovery letters and processes
    3. The languages
    4. The laws
    5. Are in the same time zones

    Herewith details of our debt collection service Federated States of Micronesia

    Location of debt recovery office in Micronesia?

    Pohnpei. All debt collection letters are sent by the local head office.

    Number of debt collection staff?

    THREE. Each staff member is allocated a client and all their debt collection letters are personalised in order to effect the best response results from debtors.

    How long have you been operating a debt recovery service in Micronesia?

    21 YEARS

    What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?

    We handle both Business to Business debt recovery cases and Business to Consumer debt collections cases. There is different content for business to business debt collection letter templates and business to consumer debt collection letters templates.

    Statue of Limitation in Micronesia?


    How EU (European Union) laws effect debt collection in Micronesia?


    How many companies registries in Micronesia for businesses (i.e. UK has just 1 central registry)?

    No Registry

    General comments regarding process in Federated States of Micronesia for debt collection and how differs from UK / other European countries

    What is the debt collection process in Micronesia?

    Debt collection in the FSM is arduous and time consuming.  Those who default tend to do so on multiple accounts.  Lawsuits always become necessary to secure a creditor’s position, as judgments are enforced here on a first-in-time, first-in-right basis.  So the party that sues first and obtains a judgment against a debtor gets first priority with the right to be paid first and in full before the next creditor in line gets anything.  Those who wait or fail to file often collect little or nothing.

    Even then problems almost always arise because judgment satisfaction by installment payments is the preferred and most effective collection method with some courts loath to issue and then enforce orders providing for a more drastic approach.  Once payment orders are issued debtors invariably violate them requiring more court filings seeking contempt orders that typically take 3-6 months or more to process as courts here are often slow to act, although this varies from judge to judge and state to state.  When they eventually take action to hold the debtor responsible, the debtor almost always immediately purges contempt by resuming payments for a short while after which he defaults again and the cycle repeats.

    Average length of time to collect a debt?


    Can late payment fees / interest to be added to claims?


    Micronesia Business Credit Reports

    Creditreform provides over 88 million international business credit reports throughout Europe and 200 million international business credit reports worldwide. We provide freshly investigated Micronesia Credit Reports which can be done prior to trading to make sure the company you will be dealing with can meet the commitment or once the debt becomes overdue to ensure the debtor can meet the amount owed.

    Micronesia Tracing Agents

    Creditreform’s debt collection company service also uses expert local Micronesia tracing agent services to locate any absconded debtor. This debtor tracing service is provided on a No Find No Fee basis only charging for a successful trace.

    Specialist Debt Recovery Experts

    There are many unique requirements to recovering international debts in all countries including Federated States of Micronesia debt collection services which differ from the UK debt collection agency  services 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.

    “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
    “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
    “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
    “I have worked with Creditreform for many years and always received a first class service. Keep up the good work”
    Russell Hardwick, MSC Industrial