The International Debt Collections Handbook is a key tool for businesses when it comes to making decisions concerning collections in foreign countries. Each country report includes a snapshot of their current local economic situation, including GDP, major industries, import-export growth and Atradius Collections' local success rate.
The chapter on Amicable Collections explains local debt collections customs such as prescription periods, common payment methods and employment of local agents to make field visits to your debtors in the amicable phase. It also gives an overview of the interest and collection costs that are charged to the debtors.
Valuable insights are given on legal dunning procedures, which significantly differ per country. The Handbook explains the differences and highlights the roles of lawsuits, courts, bailiffs and enforcement measures in the legal debt collection process.
The Handbook describes the collections procedures when your debtors go bankrupt, focusing on minimising your losses. Bankruptcy procedures are often lengthy and cumbersome and can include an added level of complexity when dealing with debtors abroad. You will learn which approaches are the most effective when making claims against domestic and international bankruptcies.