Liechtenstein 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 Liechtenstein
– Location of office in Liechtenstein
Triesen
– Number of staff
10 staff
– How long been operating in Liechtenstein
Since 1996
– What type of debts do you recover?
We do both commercial debt collection (B2B) and consumer debt collection (B2C)
– Statute of limitation in Liechtenstein
3 – 10 years
– How EU laws effect debt collection in Liechtenstein?
Actually we do relate in many cases to the EU law
– How many registries in Liechtenstein for businesses? (i.e. UK just has 1 central registry)
1 registry
– What is the process in Liechtenstein?
Starting with demand letters, phone calls, emails etc, If there is no success there is the option to start legal action,
Starting with the order to pay, if debtor doesn’t dispute the debt you can continue with the execution
– Average length of time to collect?
This varies from case to case – sometimes from a couple of days to years
– Can late payment fees / interest be added to claims?
Yes
– Details on legal service / process in Liechtenstein
Legal proceedings starts with the order to pay, execution,
Then, depending on the case, a garnishment of wages or goods can be carried out.
There are many unique requirements to recovering international debts in all countries including Liechtenstein 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.
