Online Debt Collection for International Debts

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Online Debt Collection

Are you or your business dealing with clients that aren’t paying their invoices on time or at all? Is the debt or debtor in question-based overseas?

At FM International, we have all the information and expertise required to ensure a positive, hassle-free result.

To in-house credit control teams, there are many barriers that hinder the recovery process when recovering an overseas debt rather than one based in the United Kingdom. It is beneficial to know what to do when this difficulty arises.

FM International are one of the global leaders for all matters related to International and Overseas Debt Collection and we have a demonstrated track record, recovering millions of pounds every year on behalf of our British and International clientele.

Our article will go into more detail the process of International Debt Collection, some of the common hindrances regarding this and how we deal with the recovery of money from overseas debtors.

Online Debt Collection – Speak To The Best International Debt Recovery Company

Searching for an international debt collection agency can be extremely time consuming. Speak to one of our debt collection experts today for a free international debt analysis.

International Debt Collection – What Is the Process of Collection?

Dealing with clients who aren’t paying for works you have completed or are late on paying their invoices can be a stressful situation. This can be made even more stressful when the debtor is located in another country.

If you have an International invoice that has not been paid, before the recovery process is even started it is recommended to contact the client first.

This is due to the fact that there could be genuine reasons for not paying invoices on time and this is something that can be discussed with the client in a professional way. This could potentially create some issues however as communicating with a foreign debtor can be difficult.

If you do not have any luck with contacting the debtor, or that they are ignoring your communication efforts, then this is when it is time to pass the debt onto our expert team.

It is a common myth within the International Debt Collection industry that overseas unpaid invoices can only be recovered in the country the debtor is located in – this is not the case.

Organisations that specialise in the recovery of overseas payments like ourselves are expertly trained with the knowledge and tools of overcoming the various factors that could hinder an overseas debt. These various factors include time differences, language barriers, different laws and regulations in each country across the globe.

Once you have passed over all of the correct information to our team, one of our International Debt Collectors will start on the process straight away as to not prolong the collecting of your owed money. When we start the collection process, we will always access the information given and provide you with a full assessment as to whether we believe the debt is recoverable or not.

online debt collection

If it is deemed necessary by the organisation, legal action can be enforced on your behalf to ensure all is done to get your monies back into your back account as quickly as possible. If a full collection of the debt is not possible or there is little prospect of a conclusion, we will advise.

The benefits of using our International Debt Collection service includes:

  • Fully inclusive low-cost service
  • FREE initial assessment & investigation
  • Proactive and Professional approach
  • High overseas debt collection success rates
  • International Network of trusted agents

As mentioned above, there are various rules and regulations regarding debt recovery overseas and it is worth bearing in mind that the timescale in which an international debt can be recovered may be longer than in the UK.

We will always guide you through the process and make sure you are contacted when we have updates to give you. It can be an extremely stressful situation having to recover a debt abroad so it is best that we keep you updated always as to reduce stress.

Once we have made a successful recovery of your international debt, this will be transferred back to yourself after we have deducted our commission feeds. We operate the industry’s lowest commission rates as to ensure you are given the most cost-effective service possible.

Online Debt Collection – What To Do Next?

If you have an international debt that needs collecting, do not hesitate to get in contact with us today as to not prolong the collection of your money.

Call us on 01695 554 550 or email our customer service team at info@fm-international.co.uk

We are available Monday – Friday, 08:30 – 18:00 for all your International Debt Collection enquiries.

For UK based commercial debts visit our commercial debt collection website.

Online Debt Collection – Speak To The Best International Debt Recovery Company

Searching for an international debt collection agency can be extremely time consuming. Speak to one of our debt collection experts today for a free international debt analysis.

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