Rwanda 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:
- The local cultures
- The languages
- The laws
- Are in the same time zones
Herewith details of our debt collection service Rwanda
Location of debt recovery office in Rwanda
Number of debt collection staff
4 Attorneys and 2 Collaborators
How long have you been operating a debt recovery service in Rwanda
22 years of experience
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?
Both B2B and B2C debt recovery
Statue of Limitation in Rwanda?
How EU (European Union) laws effect debt collection in Rwanda?
When the debt is collected in Rwanda, but the applicable law for the contract is EU law, then the Rwandan law of procedure is applied. This means that the EU law is taken into consideration when the court is taking the decision for the remedy.
How many companies registries in Rwanda for businesses (i.e. UK has just 1 central registry)?
We have just one central registry: Rwanda Development Board (RDB)
General comments regarding the process in Rwanda for debt collection and how differs from UK debt collection and other European countries:
What is the debt collection process in Rwanda?
Letter cycles, emails, telephone communications and site visits where necessary
Average length of time to collect a debt?
Can late payment fees / interest to be added to claims?
Yes, between 15 – 18 %
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in all countries including Rwanda 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.