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.
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 Atradius Collections success rate.
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.
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.
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 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