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How to Instruct Us
We simply require the following details:
Full name & address of the debtor
All available contact details of the debtor i.e. contact name(s) / Tel / Mobile / Email(s)
Amount owed (Invoice(s) or Statement will help)
Or ask us to call you – just leave us your details:
Nepal 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:
The local cultures
The best methods of initiating debt recovery letters and processes
The languages
The laws
Are in the same time zones
Herewith details of our debt collection service Nepal:
Location of debt recovery office in Nepal?
Kathmandu. All debt collection letters are sent by the local head office.
Number of debt collection staff?
10 staff. Each staff member is allocated a client and all their debt collection letters are personalised in order to effect the best response result s from debtors.
How long have you been operating a debt recovery service in Nepal?
We have been operating an Asia debt collection service on a no win no fee basis in Nepal since 1999. Nepal is included on our debt collection agency list.
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?
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.
Statue of Limitation in Nepal?
Typically there is no statute in Nepal.
Nepal civil litigation statute of limitations is a law that time limits a plaintiff’s right to bring a claim against a defendant. The statute of limitations in varies in Nepal. Once a specified time period elapses then no action can be taken through the legal processes unless the plaintiff is able to prove exceptional circumstances.
How EU (European Union) laws effect debt collection in Nepal?
EU laws not applicable in Nepal.
There is currently no Free Trade Agreement that have been signed or any ongoing negotiations between Nepal and European Union.
How many companies registries in Nepal for businesses (i.e. UK has just 1 central registry)?
There is 1 company registry in Nepal which is called The Official Portal of Government of Nepal - Office of Company Registrar located at National Information Technology Center, Singhdurbar, Kathmandu, Nepal.
We have access to Nepal Company Registry searches to find out who further background information on all Nepal companies.
What is the debt collection process in Nepal?
Sending legal notice, As per the litigation in court
Average length of time to collect a debt?
The average time taken to recover a Nepal B2B debt collection case varies from case to case but can take up to two years.
Can late payment fees / interest to be added to claims?
Yes, fees can be added for Nepal debt collection cases according to local law.
Details on legal service / process in Nepal?
A case would need to be submitted in the Nepal court.
Nepal 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 Nepal 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.
Nepal Skip Tracing Agents
Creditreform’s debt collection company service also uses expert local Nepal 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 Nepal 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.
Nepal Debt Collection Partners in the following Nepal Cities Kathmandu Debt Collection Agency Jitpur Debt Collection Agency Hetauda Debt Collection Agency Pokhara Debt Collection Agency Biratnagar Debt Collection Agency Birganj Debt Collection Agency
What is the legal system in Nepal?
The Nepal legal system is based on English common law.
What is the name of the Government Gazette in Nepal?
The Gazette in Nepal is called the Nepal Gazette - nepaal raajapatr (नेपाल राजपत्र).
Who are the main trading partners for Nepal?
Which countries border Nepal?
Nepal is an Asian country located in the Himalayas which borders Tibet of China to the north, and India in the south, east, and west, while it is narrowly separated from Bangladesh by the Siliguri Corridor, and from Bhutan by the Indian state of Sikkim.
What is the Supreme Court in Nepal?
The Supreme Court of Nepal (सर्वोच्च अदालत) is the highest court in Nepal which was established on 21st may 1956.
Nepal Debt Collection Agency FAQs
1. How does a Debt collection agency in Nepal recover overdue debts?
The debt collection process is initiated by an introductory letter to your debtor stating the amount owed to you and informing them of our involvement. Letters are then followed up with emails and telephone calls. From our experience the most effective part of this process will be the outsourcing to a third party debt collection agency in Nepal as the debtor now has to resolve the debt and can no longer hide or provide lame excuses.
2. How long does the debt recovery agency in Nepal take to process a case?
The debt collection case will be processed immediately up receipt and a letter sent normally by email and post. You will receive an automated confirmation by return.
3. What is the success rate for debt collection agencies in Nepal?
The success rate of the debt recovery case depends on a number of factors including the solvency of the debtor and whether the case has a legitimate dispute. Our aim is to recover every debt that is recoverable.
4. Does the debt recovery agency in Nepal operate a No Win No Fee debt collection?
We take on all debt collection cases on No Win No Fee basis only charging the agreed commission against monies recovered.
5. Why use a local debt recovery agency in Nepal?
The reasons for using a local Nepal debt collection agency than processing from a different country is the debt collector in Nepal speaks the local language, knows the local laws and operates in the same time zones.
6. Are there any debts too old or too small for Nepal debt collection?
We will assess all debt cases, irrelevant of age and size and then advise the best processes to recover these through the Nepal debt collector.
7. How do I instruct the debt collectors in Nepal?
Instructing the debt collectors Nepal is a simple process. You just email details of the debt, debtor and amount to be recovered and the case can be initiated.
8. What evidence do I need to provide when instructing the Nepal debt collector?
When instructing the debt collector in Nepal just provide copies of invoices/statements, debtor contact details and any relevant information you may have to assist with the recovery process.
9. Who does the debtor pay?
In general, the debt collector in Nepal will request payments to be sent directly to the client but if not possible for any reasons will take payment directly. If payment is taken then cleared funds will be processed and sent to client straight away.
10. Can I instruct multiple cases?
You can send unlimited debt case instructions. Our systems will automate volume cases to meet your requirements.
11. Can you trace debtors in Nepal?
Through our network of skip tracing agents we have an extremely high success rate of locating your absconded debtor.
12. How long does the debt collection process take?
On average the debt collections process takes 90 days to resolve an amicable debt recovery case. There are a number of factors that can delay this process but we will keep you informed every step of the way.
13. What are my options if debt collection in Nepal is not successful?
If the debt recovery service is not successful, we will advise you of your options including legal actions. Please note no legal actions or other processes will be taken without prior instruction from you.