Lebanon 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 Lebanon
Location of debt recovery office in Lebanon?
Broummana, Metn District. All debt collection letters are sent by the local head office.
Number of debt collection staff?
Five 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 been operating in Lebanon
How long have you been operating a debt recovery service in Lebanon?
We handle both B2B debt collections cases and B2C debt collections cases. There is different content for B2B debt collection letter templates and B2C debt collection letters templates.
Statue of Limitation in Lebanon?
- How many registries in Lebanon for businesses? (i.e. UK just has 1 central registry)
What is the debt collection process in Lebanon?
Generally similar to the one in France. All cases are initiated with a debt recovery letter sent to the debtor.
Average length of time to collect a debt?
Two years in case of recognition of debt
Can late payment fees / interest to be added to claims?
Late payment interest: 9%
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in all countries including Lebanon 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.