Hiring a Debt Collection Firm in Spain

If an individual requires debt recovery services in Spain there are several companies that may provide you with assistance to recover payment from debtors. An international debt collection company that knows the market in Spain very well will be helpful for quick debt recovery. Companies offering debt recovery programs are prepared to take on a complete credit control program from the date of the invoice posting. If this is not possible, the company can reach an understanding with debtors to operate at thirty, sixty or ninety day intervals or more to recover the outstanding debt.

Factoring in specific requirements of every client, the debt collection firm can come up with custom debt collection programs, tailored to an individual client’s needs. The debt collection firm will offer a flexible fee structure that recognizes that the older the debt, the harder it is to resolve. The company has put in place a flexible fee structure for debt collection based solely on the age of the debt at the time of instruction. The company does not charge if the debtor company has gone into mandatory or voluntary liquidation, and disregards any work that the company has undertaken on the file. The debt collection company has hands-on collection methods.

Rather than one single approach for every file, the company relies on the expertise of their agents, lawyers and other professionals who speak the language and comprehend local markets as well as legal requirements. Legal action is rare and is only recommended in cases where litigation is unavoidable. The debt collection company retains highly qualified lawyers throughout Spain who act on behalf of the firm’s clients. The firm’s lawyers act speedily and enjoy a very high success rate. The debt collection form monitors the situation through to its conclusion to ensure the very best possible service at the lowest possible price.

Clients are kept aware at all times of cost and development of each individual case. It is the firm’s aim to eliminate the stigma of fear attached to litigation in foreign countries. The firm has found in the past that clients are usually not prepared to enter into litigation abroad because of the unknown cost aspect, the fear of spending hundreds, even thousands of Euros on costly translations of pleadings and opinions. The debt collection firm in Spain has retained lawyers that operate on a fixed cost fee.

The language barrier is not an issue because of the multi-lingual staff and lawyers who operate in the country and in most cases the city of the debtor. The firm has drawn upon many years of debt collection experience to create their own debt collection software. When the client places their debts with the firm, they become part of the firm’s system, which ensures that the client will always receive top priority treatment. Not a single day is wasted in recovering monies due to the client. The firm has professionals who understand that accepting a client means seeing the project through to completion and so they have organized resources to ensure that they can pursue and track individual and corporate account holders that have defaulted on their payments.

If you are seeking a UK Debt Collection Company, then the author of this article recommends First Collect International.

If you’re seeking debt collection in Holland, the author of this article recommends First Collect International.