Guinea 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 Guinea
Location of debt recovery office in Guinea?
Number of debt collection staff?
How long have you been operating a debt recovery service in Guinea?
Over 20 years
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?
Both B2B and B2C debt recovery services
Statute of Limitation in Guinea?
How EU (European Union) laws effect debt collection in Guinea?
The EU has no real effect on Guinea
How many companies registries in Guinea for businesses (i.e. UK has just 1 central registry)?
One in Conakry
General comments regarding the process in Guinea for debt collection and how differs from UK debt collection and other European countries:
What is the debt collection process in Guinea?
Amicable recovery is preferred and is undertaken by a letter cycle process followed by emails, telephone calls, etc
Average length of time to collect a debt?
Depending on the age, size and nature of the debts. Times taken from 1 month up to 1 year.
Can late payment fees / interest to be added to claims?
Yes but not always successfully recovered
Details on legal service / process in Guinea?
There are three court systems:
Supreme Court, Ordinary Courts and Courts of First Instance.
Guinea 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 Guinea 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.
Guinea Tracing Agents
Creditreform’s debt collection company service also uses expert local Guinea 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 Guinea 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.