Moldova 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 Moldova
– Location of office in Moldova
– Number of staff
Local law firm in Moldova
– How long been operating in Moldova
– What type of debts do you recover? Do you do commercial (B2B) and consumer (B2C) debts?
We recover both commercial debt collection (B2B) and consumer debt collection (B2C)
– Statute of limitation in Moldova
The general term is 3 years
– How EU laws effect debt collection in Moldova?
Not in general, but depending on the country, in legal proceedings documents must have authenticated with apostille
– How many registries in Moldova for businesses? (i.e. UK just has 1 central registry)
1 registry office
General comments regarding process in Moldova for debt collection and how differs from UK / other countries in Europe
– What is the debt collection process in Moldova?
Dunning letters, calls, skip tracing
– Average length of time to collect?
– Can late payment fees / interest be added to claims?
Yes they can be added, but can’t be forced; only if there are legally stipulated by contract.
– Details on legal service / process in Moldova
Proceedings can move further if the debtor is summoned with a valid physical address
We work with a solicitor in Moldova for collection, legal and amicable.
There are many unique requirements to recovering international debts in all countries including Moldova 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.