Kazakhstan 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:
- The local cultures
- The best methods of initiating debt recovery letters and processes
- The languages
- The laws
- Are in the same time zones
Herewith details of our debt collection service Kazakhstan
Location of debt recovery office in Kazakhstan?
Almaty. All debt collection letters are sent by the local head office.
Number of debt collection staff?
30 staff. 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 Kazakhstan?
Since 2009
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 Kazakhstan?
Total limitation period 3 years
How EU (European Union) laws effect debt collection in Kazakhstan?
If the debtor is from the Republic of Kazakhstan (individual or legal entity), then the decision of the EU in Kazakhstan is generally recognized, further recovery in accordance with the law on enforcement proceedings
How many companies registries in Kazakhstan for businesses (i.e. UK has just 1 central registry)?
One register of the Ministry of Justice of the Republic of Kazakhstan providing legal support for the activities of the state, supporting the rule of law in the work of state bodies, organizations
What is the debt collection process in Kazakhstan?
– process of representation for representative services at 100% prepayment;
– payment of representation depends on the requirements of the plaintiff;
– the term for a court decision is from 3 to 6 months;
– in any case, a penalty is provided which will be indicated in the court decision.
Сorresponding points:
– evidence gathering;
– pre-trial dispute resolution;
– drawing up a claim;
– filing a statement of claim;
– representation of customer interests;
– receipt of a judicial act.
Kazakhstan 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 Kazakhstan 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.
Kazakhstan Tracing Agents
Creditreform’s debt collection company service also uses expert local Kazakhstan 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 Kazakhstan 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.