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.
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 Nepal:
– Location of office(s) in Nepal
– Number of staff
– How long been operating in Nepal
– What type of debts do you recover?
We do both commercial debt collection (B2B) and consumer debt collection (B2C)
– Statute of limitation in Nepal
No statute in Nepal
– How EU (European Union) laws effect debt collection in Nepal?
EU laws not applicable in Nepal
– How many company registries in Nepal for businesses? (i.e. UK just has 1 central registry)
1 Registry in Nepal
– What is the collection process in Nepal?
Sending legal notice, As per the litigation in court
– Average length of time to collect?
– Can late payment fees / interest be added to claims?
– Details on legal service / legal process in Nepal
Have to file case in court
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.