International Debt Collections Handbook
A key tool for businesses to approach debt collections abroad.
What is the International Debt Collections Handbook?
The International Debt Collections Handbook is an annual publication that explains in detail the diversity and complexity of international commercial debt collections. This includes the financial regulations and different stages of collections, ranging from amicable settlement, legal proceedings to insolvency procedures, in over 45 countries worldwide.
Why should you get the International Debt Collections Handbook?
Thousands of businesses receiving the International Debt Collections Handbook regard it as an invaluable and high-demand tool for decision making. They are of the opinion that:
- Knowledge of the amicable collection process and country-specific legislation surrounding collections is vital
- Information regarding local expertise ensures that businesses follow a professional and successful collection approach
- No business is immune to the risks associated with international trade and can be exposed to poor payment behaviour.
What can you expect to find in the Debt Collections Handbook?
Each country entry includes a snapshot of the current local economic situation, including GDP, major industries, import-export growth and the success rate of Atradius Collections.
Amicable Phase
A description of each country gives insights into amicable proceedings. It explains local debt collection customs such as prescription periods, common payment methods and employment of a local agent to make field visits to debtors during the amicable phase. It also gives an overview of the interests and collection costs that are charged to the debtors.
Legal Procedures
Valuable insights are given on legal dunning procedures, which significantly differs per country. The Handbook explains differences and highlights roles of procedure rules, lawsuits, courts, bailiff and enforcement measures in the legal debt collection process.
Insolvency Proceedings
Atradius Collections provides a complete service and support to its clients in all cases. The Handbook describes collection procedures when a customer goes bankrupt, focusing on minimising losses. Bankruptcy procedures are often lengthy and cumbersome, and can include an additional level of complexity when dealing with a debtor abroad. Most effective approaches when making claims against domestic and international bankruptcies are also discussed.
Find out how Atradius Collections can support your business at different stages of the order to cash cycle
From dunning letters and amicable collections to formal litigation, our debt collection products and professionals support you through the world’s time zones, currencies, jurisdictions and languages. Learn more
