Chat with us, powered by LiveChat

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 Honduras

Honduras is divided into 18 departments. Our local office is in La Ceiba (Department of Atlantida) which is the 3rd largest city in Honduras. We recover debts throughout all of Honduras.

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 of Honduras Spanish is the most widely spoken. 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 Honduras

10 years but there are many 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:

 




Honduras 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 the UK are as follows:

The local International Debt collection Partners know:

  1. The local cultures
  2. The languages
  3. The laws
  4. Are in the same time zones

 

Herewith details of our debt collection service Honduras:

– Location of office(s) in Honduras:
We are located in the City of La Ceiba, Department of Atlantida

– Number of staff:
There are THREE (3) partners and Three (3) Assistants.

– How long been operating in Honduras:
Since 1993

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

– Statute of limitation in Honduras:
Actions, Rights and Obligations arising from a Civil/Commercial contract are considered as extinguished after TEN (10) years from the Date that the Collection action could have been executed.

– How EU laws effect debt collection in Honduras?:
Any CONTRACT entered with People or Corporations located or legally registered in Honduras may be enforced within the limits of Honduras’ laws and procedures.

– How many company registries in Honduras for businesses?
All Businesses MUST be registered with the Honduran Tax Authority (“Servicio de Administracion de Rentas” or “SAR”), but They also must be registered at both the Local Commercial Register Office and the Municipality/City where their operation is located.

–       What is the collection process in Honduras?
The process starts with a Notice sent directly from the Attorney’s office, offering a Settlement option and as a way to avoid Court Expenses and Fees.- If the Notice is not attended, then a Lawsuit may be filed, using the document support that the Creditor may have.- A formal Notification is made through the Court, to allow for the Debtor to pay or contest the claim; if contested, the procedure will require the PROOF to support the origin of the Credit and the default of the Debtor.

–       Average length of time to collect?
The Court process shall take at least SIX (6) months, starting on the Date of the Court notification. The most complicated aspect of the collection is usually the location of the Debtor; several times We’ve been trying to locate a Debtor that, at the end, has closed operations or simply gone away.

–       Can late payment fees / interest be added to claims?
All Obligations that are in default are subjected to compensation (interest) and that shall be added to the original debt. A standard SIX PERCENT (6%) interest is estimated by the Court if there is no other compensation agreed between the parties and supported with documents.

–       Details on legal service / legal process in Honduras:
We are used to provide collection services to several Banks and businesses, using simple notes and visits to the Debtors as support for the Collection Notice and to try to arrange a payment schedule.- The decision of using Court actions depends on the Client and, if the decision is made, We usually provide an estimation of success, based on the history of the Debtor and our preliminary actions.

There are many unique requirements to recovering international debts in all countries including Honduras 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.

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