International Debt Recovery

International Debt Recovery is often time consuming, complicated and costly. Each case will have its own set of challenges, with some of the most common being:

  • Communicating and negotiating and in the debtor’s language
  • Understanding the laws of the debtor’s country to ensure recovery compliance
  • Working and communicating across different time zones
  • Negotiating settlement and payment in foreign currency
  • Instructing cost-effective and reliable international legal counsel

At Advocate we are extremely proud of our record in international debt recovery having successfully recovered debts from 5 of the 6 continents of the world. We will consider debts from most countries with some exceptions as it is not possible to recover debts from certain regions and countries.

If the debtor is located in an EU member state EU Late Payment Legislation applies and we would add our recovery costs to the claim from the debtor. If the debtor is located in a non-EU state our work would be carried out on a no recovery no fee basis. In either case there is no risk as if we are unsuccessful in recovering the debt our services are completely free of charge.

We also act for international clients in recovering debt from UK based businesses. There are some exceptions and countries that we are unable to accept instructions from, so please contact us for advice and further information.

 

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Latest Recoveries

  • February 17, 2017

    7 month old debt of £7.2k collected and paid to a Norwich based Builders Merchant 6 days after Advocate receive the instruction.

  • February 16, 2017

    £5,668 recovered and paid to a Leicester based Firm of Accountants following a successful cost free to the creditor debt collection in 5 days.

  • February 15, 2017

    £18,860 and late payment charges of £927.48 recovered from a South East Borough Council following the late payment of care agency staff fees.

  • February 15, 2017

    £3,664 collected and paid to an Glasgow based Plastering Company following a successful free of charge debt recovery in just days.

  • February 13, 2017

    Insolvency proceedings result in the successful debt collection of £15,880 for a Sheffield based firm of Chartered Accountants the day before the Winding up Order was due to be granted in Court.

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