The recovery of commercial receivables owed between businesses, using demand letters, negotiation, legal proceedings, and enforcement. Distinct from consumer debt collection in scope, regulation, and methodology.
Most agencies operate on contingency: 15-25% of the recovered amount for amicable collection, 25-35% for litigated claims. No recovery means no fee.
Amicable collection: 30-90 days. Fast-track court procedures: 2-8 weeks for payment orders. Full litigation: 6-36 months depending on jurisdiction.
Contract or purchase order, invoices, proof of delivery, correspondence with the debtor, and any debtor responses or disputes.
Varies by jurisdiction: 3 years in Germany, Poland, and Romania; 5 years in Spain; 6 years in the UK; 10 years in Mexico, Switzerland, and Luxembourg.
Yes. International collection agencies have local representatives in the debtor's jurisdiction who handle demand, negotiation, and legal proceedings in the local language and legal system.
Genuine disputes require litigation. The agency assesses whether the dispute is legitimate or a delay tactic, and advises on cost-benefit analysis of proceeding.
If the debtor has no assets, recovery is limited regardless of the legal system. Professional agencies assess debtor solvency before recommending costly legal action.
Our debt recovery agency with over 21 years of experience provides: Business to Business Collections Services, Legal Debt Collections and worldwide Skip Tracing services.
