Montserrat 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 Montserrat
– Location of office in Montserrat
– Number of staff
– How long been operating in Montserrat
– What type of debts do you recover? Do you do commercial (B2B) and consumer (B2C) debts?
Both commercial (B2B) and consumer (B2C) debt collection
– Statute of limitation in Montserrat
– How many company registries in Montserrat for businesses? (i.e. UK just has 1 central registry)
1 Registry in Montserrat
General comments regarding process in Montserrat for debt collection and how differs from UK / other European countries:
– What is the debt collection process in Montserrat?
Pre-action 7-14 day legal demand letter, then issue legal proceedings. This involves filing claim form with applicable documents, serving claim form, case management process, trial, judgment, enforcement proceedings – where applicable.
– Average length of time to collect?
Depends on ability to pay, upon examination.
– Can late payment fees / interest be added to claims?
Yes, if ordered by the Court or agreed.
There are many unique requirements to recovering international debts in all countries including Montserrat 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.