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As a first step, an official warning letter will send to the debtor. If there are no response from the debtor, in the first stage of the debt collection procedure in Croatia, the creditor commences the appropriate execution procedure by forwarding to the debtor the so-called Motion on the Execution Based on the Reliable Documents (reliable documents […]

Message from Spain, a successful international debt recovery file. As members of the international debt recovery network SEKUNDI, we received an assignment from our Belgian partner, who asked us to intervene in the out-of-court claim procedure that his client, a company located in Belgium and dedicated to the treatment of air and industrial gases, had […]

In Italy, the ordinary limitation period for claiming a credit right is 10 years pursuant to article 2946 of the Civil Code. Shorter limitation periods are also provided for example: The Italian system also foresees the institution of presumptive limitation with a term that varies from 6 months to 3 years. In these cases, with […]

Debt recovery from a foreign country can be a frustrating experience. Sekundi’s network of international debt collector professionals solves this problem efficiently. Pappila Penkkala Group Oy is the only Finnish member of the organization. In Finland, our debt recovery service works by first sending a note of complaint. If this doesn’t work, a collection letter […]

MESSAGE FROM OUR PARTNER IN SPAIN (spanish and english) Debt claim request by a foreign client. As members of the SEKUNDI international debt recovery network, we receive commissioned by our French partner, who asked us to intervene in the extrajudicial claim procedure that your client, a company located in France, and dedicated to the manufacture […]

KPAG Kosmidis & Partners Law Firm approaches each case carefully and chooses the fastest and most cost-effective way to secure debt recovery. Our team starts the extrajudicial recovery proceedings by sending a written demand of payment to the debtor by First Class recorded delivery, followed by phone calls. In certain cases, the demand of payment […]

At first an important aspect for debt collection in Switzerland: unlike many other countries in Europe in Switzerland it is not allowed to put the debtor in account for the cost if the debt collection service providers. The have to be adopted completely by the creditor. Procedure of BURG Inkasso AG : Receiving a collection order […]

Read our comprehensive guide to debt collection in the UK to understand all the steps involved in international debt collection in the UK. Pre-action protocols explain the conduct and set out the steps the court would normally expect parties to take before commencing proceedings for particular types of civil claims. Objectives of pre-action conduct and […]

Debt collection as a separate industry is a new concept in Turkey.  Until the 1990s, it has been only the law firms who were involved in collections with the notion of administrative follow-up (idari takip) by hiring young people who are not lawyers but capable of negotiations. With the development of debt purchase industry in Turkey […]

MESSAGE FROM OUR PARTNER IN PORTUGAL (portuguese and english) As instituições financeiras e algumas empresas estão a começar a sentir uma necessidade de tornar os processos e operações de cobrança mais eficientes e eficazes, tornando – seclaramente uma prioridade. Anecessidade de modernizar as operações de cobrança permite aos credores uma oportunidade para desenvolver novas tecnologias […]