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1. Costs – No Win No Fee!

Having long standing relationships with all our overseas partners we have agreements to provide these services on a NO WIN NO FEE basis charging the agreed commission rate against monies recovered only.

2. Coverage in Morocco

Morocco is divided into 12 regions. Our local office is in Casablanca which is the largest city in Morocco enabling us to recover debts throughout the entire country.

3. Local Experience

Unlike many of our competitors all cases are handled by the local office or partner. The reasons for this are they speak the debtors’ language, in the case of Morocco the official languages are Arabic and Berber. We understand the local cultures and know all the legal processes. These are reasons why Creditreform are the ideal people to help you in collecting debts from overseas.

4. Statute of Limitation in Morocco

Up to 5 years in most cases but there are special exemptions so whatever the age please contact us and we will advise if we can assist with your claim

How to Instruct Us

We simply require the following details:

PLEASE CALL US ON 0121 442 5330 FOR FURTHER DETAILS

Or ask us to call you – just leave us your details:

 




Morocco 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:

  1. The local cultures
  2. The languages
  3. The laws
  4. Are in the same time zones

 

Herewith details of our debt collection service Morocco

 

Location of debt recovery office in Morocco?

Casablanca

Number of debt collection staff?

Our firm employs 8 people shared between secretarial and collection services.
We also have contractors among the lawyers and bailiffs.

How long have you been operating a debt recovery service in Morocco?

Since 2014 with over 25 years experience in the judicial field as a magistrate.

What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?

We do both commercial debt collection (B2B) and consumer debt collection (B2C)

Our firm intervenes for the benefit of:
– Organizations
– Large, medium and small businesses
– Tradespeople
– Health producers
– Professionals
– Cooperatives
– Associations
– Particulars

Statue of Limitation in Morocco?

The limitation periods of commercial debt in the Moroccan legislation are multiple and a little complicated, but in general they vary between six months and five years.

How EU (European Union) laws effect debt collection in Morocco?

The recovery of local claims from international creditors in Morocco is subject to Moroccan law within the framework of the principle of territorial law. In general, laws in Morocco are in some cases influenced by French laws.

How many companies registries in Morocco for businesses (i.e. UK has just 1 central registry)?

The Moroccan trade register is made up of local registers and a central register.The local register is held by the secretariat-registry of the competent commercial court.The Central Trade Register is maintained by the Administration (Ministry of Industry and Commerce).

What is the debt collection process in Morocco?

Generally, in Moroccan law there are two types of debt recovery
1. Amicable recovery
2. Judicial collection
The latter is multiple, since the procedure to be initiated depends mainly on the supporting documents held by the creditor.as an example, with bills of exchange or an acknowledgment of debt, one can initiate the order to pay but with an unpaid invoice must file an application before the commercial court.Regarding the average duration of recovery, we can not provide either for amicable recovery or judicial because it depends on several reasons.

Can late payment fees / interest to be added to claims?

Late payment interest on payment terms is currently set at 5.25%.In general, judicial recovery proceedings in Morocco are mostly long, especially if you do not choose a good lawyer. We work in collaboration with several law firms and bailiffs which allows us to have recovery cases in reasonable time. We are always at your disposal for more information.

Specialist Debt Recovery Experts

There are many unique requirements to recovering international debts in all countries including Morocco 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 the UK office. 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.

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“We are pleased with the friendly and efficient service of Adrian Harding and staff at Creditreform in collecting outstanding overdue debts on our behalf. Some accounts, especially those located overseas have been difficult customers but we are pleased with the high rate of success. We also appreciate that they keep us informed and constantly updated on the progress of the collection”
Bryan de Beer, Phoenix Fragrances
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“Within 48hrs of Creditreform being involved a resolution was agreed and within the week paid in full. The professionalism of the Creditreform team was second to none and I would and indeed do recommend them to colleagues in a similar difficult position This situation was the first time we have had to employ a company for debt recovery and it was good to feel that you have someone else ‘on your side’.”
Dean Lake, Lake Contracts
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“We have been using Credit Reform for a number of years now and we have always been dealt with in a professional and friendly way. Over time, Creditreform have managed to achieve good results for us. Would definitely recommend.”
Anna Zhakrova, Catering Hygiene Specialists Ltd
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“I have worked with Creditreform for many years and always received a first class service. Keep up the good work”
Russell Hardwick, MSC Industrial
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