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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 Palau

Palau is divided into 16 states with the capital Kolor. All debts for Palau are handled by our partner in Northern Mariana Islands which covers both countries.

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 Palauan is spoken by 81% of the population. These are reasons why Creditreform are the ideal people to help you in collecting debts from overseas.

4. Statute of Limitation in Palau

6 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:

PLEASE CALL US ON 0121 442 5330 FOR FURTHER DETAILS

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

 




Palau 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 Palau

Location of debt recovery office in Palau 

Saipan

The debts are handled by the Northern Mariana Islands partner

Number of debt collection staff 

5 staff (All based in Northern Mariana Islands)

How long been operating a debt recovery service in Palau 

49 years.

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

All types, including B2B and B2C.

Statute of limitation in Palau 

Generally, six years.

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

EU laws could be raised as a defense in any debt collection case in the Palau, if the debt was created subject to those laws.

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

One Registry

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

What is the debt collection process in Palau? 

We file suit as soon as possible after I receive the referral — usually within a week.  After a judgment is obtained, either by stipulation or default, the court will issue a payment order, either upon stipulation or upon motion.  The order is enforceable through contempt proceedings.  Most debtors do not have property amenable to a writ of execution, although that is occasionally used.

Average length of time to collect a debt? 

This depends on a number of factors, the biggest one being the debtor’s ability to pay.  I have cases that settle as soon as the defendant is served with process.  I also have judgments that are 25 years old and that will probably never be paid in full.

Can late payment fees / interest be added to claims? 

Late payment fees and pre-judgment interest are generally allowable if specifically provided for in the contract between the parties.  The maximum rate enforceable in our courts is generally 12% p/a.  Post-judgment interest is fixed by statute at 9% p/a.

Details on legal service / legal process in Palau

Our court rules permit service by personal service, abode service, service at the defendant’s workplace, service on any defendant in any other jurisdiction of the USA, and “longarm” service by publication on absent defendants.  The Geneva Convention on service of process is applicable.

Specialist Debt Recovery Experts

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

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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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