Marshall Islands 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:
- The local cultures
- The languages
- The laws
- Are in the same time zones
Herewith details of our debt collection service Marshall Islands:
Location of debt recovery office in Marshall Islands?
Number of debt collection staff?
How long have you been operating a debt recovery service in Marshall Islands?
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?
Primarily commercial debt recovery but will undertake Consumer debt collection services too.
Statute of Limitation in Marshall Islands?
How EU (European Union) laws effect debt collection in Marshall Islands?
The EU has no real effect on the Marshall Islands
How many companies registries in Marshall Islands for businesses (i.e. UK has just 1 central registry)?
One in Majuro
General comments regarding the process in Marshall Islands for debt collection and how differs from UK debt collection and other European countries:
What is the debt collection process in Marshall Islands?
Letter cycles followed by emails and telecommunications. Site visits can also be undertaken
Average length of time to collect a debt?
Depends on age and size of debt. Normally 1 month up to 1 year
Can late payment fees / interest to be added to claims?
Not normally recoverable
Details on legal service / process in Marshall Islands?
District Court for civil actions normally up to USD 10,000.
High Court for larger amounts and disputed cases.
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in all countries including Marshall Islands 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.