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 Myanmar

Myanmar (aka Burma) which is located in Southeast Asia is divided into 21 administrative subdivisions. Our local office is in Yangon which is the most populous region so we are centrally located to recover debts throughout all of Myanmar.

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 Myanmar over 100 languages are spoken with Burmese spoken by 2/3 of the country. These are reasons why Creditreform are the ideal people to help you in collecting debts from overseas.

4. Statute of Limitation in Myanmar

3 years 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:


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


Myanmar 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. All our international offices and partners initiate the collection processes by sending the debtors a debt collection letter to introduce their involvement.

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 best methods of initiating debt recovery letters and processes
  3. The languages
  4. The laws
  5. Are in the same time zones

Herewith details of our debt collection service Myanmar

Location of office in Myanmar

Yangon. All debt collection letters are sent by the local head office.

Number of staff

8 staff. Each staff member is allocated a client and all their debt collection letters are personalised in order to effect the best response results from debtors.

How long been operating in Myanmar

Since 1st April 2016

What type of debts do you recover? Do you do commercial (B2B)  and consumer (B2C) debts?

We handle both Business to Business debt recovery cases and Business to Consumer debt collections cases. There is different content for business to business debt collection letter templates and business to consumer debt collection letters templates.

Statute of limitation in Myanmar

3 years

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

EU law does not apply in Myanmar, so it should not affect debt collection in the country –

How many company registries in Myanmar for businesses? (i.e. UK just has 1 central registry):

Only one, the Directorate of Investment and Company Administration

General comments regarding process in Myanmar for debt collection and how differs from UK / other European countries:

What is the debt collection process in Myanmar?

Debt collection takes place in two stages:

(i) amicable collection initiated by a debt recovery letter.

(ii) collection with the help of the police and/or the courts.

In amicable collection, the collection agency’s lawyers send a demand letter to the debtor. The collection agency then endeavours, in phone calls and personal visits, to persuade the debtor to pay, sometimes agreeing on payment in instalments.

If amicable collection is unsuccessful, the creditor has to decide whether to pursue the case with police and/or court assistance.

The police can be involved if the debtor committed a crime (e.g., fraud, criminal breach of trust, forgery). Police involvement incentivises the debtor to settle as the creditor can agree to drop the case if payment is made. It should be noted that a representative of the creditor’s company has to travel to Myanmar to file the criminal complaint (assisted by the debt collection agency) as this cannot be done by proxy.

Irrespective of police involvement, the creditor may decide to sue the debtor for payment in court.

Average length of time to collect?

Amicable collection:  approx. 1 month; collection with police assistance: approx. 1 month; collection with court assistance (i.e., law suit): at least 2 years

Can late payment fees / interest be added to claims?

In  practice only if this is explicitly provided for in the contract. In the absence of a clear contractual provision, late payment interest (in practice 9% p.a.) only accrues from the date of acceptance of a law suit by a court of law.

Details on legal service / legal process in 

Debt collection usually starts with a demand letter from the debt collection agency’s lawyers. If the creditor decides to pursue the case with the help of the police (and the debt collection agency is successful in getting the police to accept the case), the police would usually invite the suspect (i.e., the debtor) for questioning. In a law suit, the plaint and a writ of summons are served on the defendant by the court’s bailiffs.

Myanmar Business Credit Reports

Creditreform provides over 88 million international business credit reports throughout Europe and 200 million international business credit reports worldwide. We provide freshly investigated Myanmar Credit Reports which can be done prior to trading to make sure the company you will be dealing with can meet the commitment or once the debt becomes overdue to ensure the debtor can meet the amount owed.

Myanmar Tracing Agents

Creditreform’s debt collection company service also uses expert local Myanmar tracing agent services to locate any absconded debtor. This debtor tracing service is provided on a No Find No Fee basis only charging for a successful trace.

Specialist Debt Recovery Experts

There are many unique requirements to recovering international debts in all countries including Myanmar 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.

“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
“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
“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
“I have worked with Creditreform for many years and always received a first class service. Keep up the good work”
Russell Hardwick, MSC Industrial