Saint Vincent and the Grenadines 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 in Saint Vincent and the Grenadines
Location of debt recovery office in Saint Vincent and the Grenadines?
Number of debt collection staff?
We have 5+ staff working at our office
How long have you been operating a debt recovery service in Saint Vincent and the Grenadines?
We have been established for 10+ years
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?
All types of debt recovery including commercial (B2B) and consumer (B2C) debts
Statute of Limitation in Saint Vincent and the Grenadines?
Generally 6 years
How EU (European Union) laws effect debt collection in Saint Vincent and the Grenadines?
There is no effect by EU laws on debt collection
How many companies registries in Saint Vincent and the Grenadines for businesses (i.e. UK has just 1 central registry)?
There is only one central company registry for businesses
General comments regarding the process in Saint Vincent and the Grenadines for debt collection and how differs from UK debt collection and other European countries:
What is the debt collection process in Saint Vincent and the Grenadines?
Out of court settlement is the best method of debt collection in Saint Vincent and the Grenadines. If debts are not disputed then you can proceed with a statutory demand and insolvency remedy.
Average length of time to collect a debt?
Up to 2 years
Can late payment fees / interest to be added to claims?
In some circumstances late payment fees / interest can be added to claims
Details on legal service / process in Saint Vincent and the Grenadines?
There are eleven lower courts in three Magisterial Districts that exercise both civil and criminal jurisdiction up to a certain limit.
◦ There are three official Magistrates:
Senior Magistrate, and
one other Magistrate.
(The Registrar of the High Court has the authority to sit as a magistrate if called upon)
All magistrates exercise coordinate jurisdiction.
Magistrates hear and determine All complaints and information for summary conviction offences i.e. indictable offenses, up to a certain limit, which may be tried either summarily
or indictable as the magistrates determine.
i.e. Criminal, Civil.
Such civil and criminal matters as provided by statute.
Civil Court Procedures:
◦ The majority of Civil matters are filed by the Lawyer on the behalf of the Plaintiff.
◦ Filing a claim in a civil suit is the first stage of
proceedings. The matters are entered into the order books and given a suit number and date of hearing.
◦ The complaint, along with the summons, is then sent to the magistrate for the district for signature. After signature, the complaint along with the summons is returned to the Filing Clerk, who will then separate the complaints from the summons. ◦ The complaints are then filed in the complaints’ register and the summons in the summons’ register.
◦ These are then placed in the suits cupboard in the date appointed for hearing.
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in all countries including Saint Vincent and the Grenadines 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.