Kenya 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:
- The local cultures
- The languages
- The laws
- Are in the same time zones
Herewith details of our debt collection service Kenya
– Location of office in Kenya
Nairobi
– Number of staff
65 staff
– How long been operating in Kenya
Since 1998
– What type of debts do you recover? Do you do commercial (B2B) and consumer (B2C) debts?
We do both commercial debt collection (B2B) and consumer debt collection (B2C)
– Statute of limitation in Kenya
6 years
– How EU laws effect debt collection in Kenya?
As will be specified in the EU’s GDPR
– How many registries in Kenya for businesses? (i.e. UK just has 1 central registry)
1 central registry
– What is the debt collection process in Kenya?
Similar collection process to UK
– Average length of time to collect?
90 days by our own internal standard
– Can late payment fees / interest be added to claims?
Yes if they are included in the contract with the debtor
– Details on legal service / process in Kenya
Similar legal system to UK
There are many unique requirements to recovering international debts in all countries including Kenya 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.
