Turks and Caicos 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 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 Turks and Caicos
– Location of office in Turks and Caicos Islands
Grace Bay, Providenciales
– Number of staff
– How long been operating in Turks and Caicos Islands
– What type of debts do you recover? Do you do commercial (B2B) and consumer (B2C) debts?
All debts (commercial, consumer, personal).
We recover both commercial debt collection (B2B) and consumer debt collection (B2C)
– Statute of limitation in Turks and Caicos Islands
None; save for fatal accidents and debts owed by the Crown.
– How EU (European Union) laws effect debt collection in Turks and Caicos Islands?
– How many company registries in Turks and Caicos Islands for businesses? (i.e. UK just has 1 central registry)
General comments regarding process in Turks and Caicos Islands for debt collection and how differs from UK / other European countries:
– What is the debt collection process in Turks and Caicos Islands
Letter before action followed by proceedings.
– Average length of time to collect?
All depends on when judgment is awarded and debtor makes payment.
– Can late payment fees / interest be added to claims?
Yes – more likely to be awarded if contractually bound.
– Details on legal service / legal process in Turks and Caicos Islands
Service generally through process service though other methods of service can be ordered by the Court.
There are many unique requirements to recovering international debts in all countries including Turks and Caicos 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 the 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.