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 Iraq

We cover all 9 governorates in Iraq. Our local is in Al Mansoor District, Baghdad which is the capital city so we are centrally located to recover debts throughout all of Iraq.

 

3. Local Experience

Unlike many of our competitors all cases are handled by the local office or partner. The main languages spoken in Iraq are Mesopotamian Arabic, Kurdish, Iraqi Turkmen dialect of Turkish, and the Neo-Aramaic languages. The local office speak the local languages, and can work in the debtor’s native tongue. 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 Iraq

3 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:

 




Iraq 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:

 

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

 

Herewith details of our debt collection service Iraq 

 

Location of debt recovery office in Iraq?

Al Mansoor District, Baghdad, Iraq

Number of debt collection staff?

Over 20 

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

5-10 years

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

All types of debt recovery services

Statute of Limitation in Iraq?

3 years

How EU (European Union) laws affect debt collection in Iraq?

No real effect

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

One central registry based in Baghdad

 

General comments regarding the process in Iraq for debt collection and how differs from UK debt collection and other European countries:

What is the debt collection process in Iraq?

Out of court debt collection process is via letter cycles, emails and telephone calls. Site visits can be made where required.

Average length of time to collect a debt?

This will depend on the size, nature and age of debt and whether there are any disputes. Canb take upto 12 months

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

Not usually recovered

Details on legal service / process in Iraq?

There have been many changes in the legal processes in recent years. 

Iraq 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 Iraq 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.

Iraq Tracing Agents

Creditreform’s debt collection company service also uses expert local Iraq 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 Iraq 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.

 

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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