France 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 France:
Location of debt recovery office in France?
Head office : 31 Boulevard Soult, 81200 MAZAMET
Office in Lyon : 2871 Avenue de l’Europe, 69141 RILLIEUX LA PAPE
Number of debt collection staff?
How long have you been operating a debt recovery service in France?
More than 40 years
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?
B2C and B2B files
Statue of Limitation in France?
In general 2 years for B2C files, and 5 years for B2B files but we have a lot of special limitations (for example the limitation for a B2B case for an international transport is only 15 months)
How EU (European Union) laws effect debt collection in France?
EU laws have full effect for France debt Collection
What is the debt collection process in France?
We do a mixture of letters, e-mails, phone calls and amicable bailiff letter, with full respect of the GDPR law
Average length of time to collect a debt?
45 days for amicable – 1 year or more for legal
Can late payment fees / interest to be added to claims?
For B2C cases, we can add only interests at the legal rate in France
For B2B cases, we can add interests, indemnity of €40 per unpaid invoice, and some damages.
However we cannot oblige a debtor to pay these amounts amicably, only a Court decision enable us to claim them officially.
Details on legal service / process in France?
- Payment Injunction for non disputed files
- Legal action by lawyer for disputed files, special files, or for files with high amounts
- Enforcement of Court’s decisions
- Lodgings : for debtors in bankruptcy / winding-up
Any other relevant points:
We can provide the other following services
- Credit report
- Solvency report on individuals
- Trace on individuals
Creditreform has had a long standing relationship with our French partner for international debt Collection services in France. They are well reputed and maintain a high level of customer service and achieve an excellent success rate. It is also very important that our partners are experts in the local laws and collection procedures across the country. All debt collection cases are fully monitored and our clients are kept upto date with all developments and progress of each case individually.
All communications are in English and any legal or local documents are fully translated from French to English. As with all our international debt collection partners and offices our clients always receive a first class debt recovery service. As previously stated cases handled are on a No Win No fee basis so no upfront fees have to be paid and the agreed commissions are charged against monies recovered only. Any legal actions or potential costs will not be undertaken without full consent from the client.
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in all countries including France 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.