Tajikistan 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 Tajikistan
Location of debt recovery office in Tajikistan
Dushanbe. All debt collection letters are sent by the local head office.
Number of debt collection staff
9 staff. Each staff member is allocated a client and all their debt collection letters are personalised in order to effect the best response results from debtors.
How long been operating a debt recovery service in Tajikistan
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C) debts?
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.
Statute of limitation in Tajikistan
How EU laws effect debt collection in Tajikistan?
Debt collection in Tajikistan is regulated by local laws.
How many company registries in Tajikistan for businesses? (i.e. UK just has 1 central registry)
1 central registry
General comments regarding process in Tajikistan for debt collection and how differs from UK / other European countries:
What is the collection process in Tajikistan?
The process of debt recovery usually starts with sending a debt recovery letter of claim to the debtor. If the latter does not pay the required amount within one month or the parties do not enter into settlement agreement, we draft a statement of claim and file it along with other documents (the claimant charter, contract, letter of claim, invoices, PoA for representatives etc.) to the court. Documents issued abroad must have apostille and a certified translation into the state (Tajik) language. After considering the case, the court makes a decision to satisfy the claim fully or in part or to reject the claim. In case if the debtor does not appeal the court decision we initiate enforcement proceeding. If we do not agree with the court decision, we may appeal it within one month to cassation court instance.
Average length of time to collect a debt?
From 6 months to several years, the length varies from case to case.
Can late payment fees / interest be added to claims?
Tajikistan 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 Tajikistan 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.
Tajikistan Tracing Agents
Creditreform’s debt collection company service also uses expert local Tajikistan 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 Tajikistan 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.