Tunisia 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.
Tunisia plans to borrow $3.2 billion to finance its deficit in 2019. Of that, $2.67 billion is projected to come from abroad, increasing the country’s total debt to $28.4 billion for 2019, up from $26 billion in 2018, official figures show. The International Monetary Fund (IMF), whose recent loan tranche is part of a $2.9 billion package to Tunisia tied to reform measures, said that, after eight years of stagnation, risks to the country’s economy remain high.
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 Tunisia
– Location of office in Tunisia
– Number of staff
– How long been operating in Tunisia
Around 15 years
– What type of debts do you recover?
We recover both commercial (B2B) and consumer (B2C) debts
– Statute of limitation in Tunisia
– How EU laws effect debt collection in Tunisia?
– How many registries in Tunisia for businesses? (i.e. UK just has 1 central registry)
1 central registry
– Average length of time to collect?
From 5 to 8 months
– Can late payment fees / interest be added to claims?
Yes. Provided that the creditor notify the debtor by a court bailiff.
There are many unique requirements to recovering international debts in all countries including Tunisia debt collection services which differ from the UK 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 office base 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.