Grenada 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 Grenada:
Location of debt recovery office(s) in Grenada
Number of debt collection staff
How long been operating a debt recovery service in Grenada
What type of debt collection services do you provider? Do you do commercial debt recovery(B2B) and consumer debt recovery(B2C) ?
All types, including B2B and B2C.
Statute of limitation in Grenada
4 years to bring all actions for trespass to the person, malicious prosecution and defamation, 12 years for actions involving land and 6 years for other actions, with the exception of a few particular cases.
How EU (European Union) laws effect debt collection in Grenada?
There is no real effect in Grenada
How many company registries in Grenada for businesses? (i.e. UK just has 1 central registry)
One. Church St, St George’s, Grenada
Any general comments regarding process in Grenada for debt collection and how differs from UK debt collection and other European countries:
What is the debt collection process in Grenada?
Amicable attempts via letters and other communications initially.
Average length of time to collect a debt?
2/3 years if legal actions are involved
Can late payment fees / interest be added to claims?
Late payment fees are not normally recovered in Grenada
Any brief details on legal service / legal process in Grenada
Court proceedings are adversarial in nature and governed by the Eastern Caribbean Civil Procedure Rules 2000
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in all countries including Grenada 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.