Vatican City 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 Vatican City
Location of debt recovery office in Vatican City?
Modena, Vatican City. The Vatican City is covered by our Italian office
All debt collection letters are sent by the local head office.
Number of debt collection staff?
20-30 staff (Italian office).
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 have you been operating a debt recovery service in Vatican City?
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?
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.
Statue of Limitation in Vatican City?
How EU (European Union) laws effect debt collection in Vatican City?
Fully governed by the EU
How many companies registries in Vatican City for businesses (i.e. UK has just 1 central registry)?
There is one Trade registry in Vatican City
General comments regarding the process in Vatican City for debt collection and how differs from UK debt collection and other European countries:
What is the debt collection process in Vatican City?
Pre-court debt collection processes including debt recovery letters, telephone calls, emails and site visits if necessary.
Average length of time to collect a debt?
Depends on the size, age and whether there are any disputes.
Can late payment fees / interest to be added to claims?
Yes and are recoverable through the court system
Details on legal service / process in Vatican City?
The main governing law is the Fundamental Law of Vatican City State. The only court special to Vatican City is a court of first instance for civil and criminal cases arising in the city.
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in all countries including Vatican City 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.