Speed is the most important variable in debt recovery. A claim placed at 60 days has approximately double the recovery probability of one placed at 180 days. These tactics accelerate the timeline.
In jurisdictions with strong commercial credit reporting (Sweden, Denmark, Germany, UK), the threat of a credit bureau notation produces faster payment than any legal proceeding.
In the UK and Singapore, a statutory demand creates a presumption of insolvency if unpaid within 21 days. The debtor must pay, secure the debt, or face a winding-up petition.
Electronic payment orders in Germany, Belgium's IOS procedure (30-45 days), and Poland's EPU (2-4 weeks online) produce enforceable titles faster than any other legal mechanism.
In France (saisie conservatoire), Spain (embargo preventivo), and the EU (European Account Preservation Order), freezing the debtor's assets before judgment creates immediate payment pressure.
If the first demand produces no response within 14 days, escalate. Predictable, rapid escalation signals that the creditor is serious and has local enforcement capability.
Our debt recovery agency with over 21 years of experience provides: Business to Business Collections Services, Legal Debt Collections and worldwide Skip Tracing services.
