International Debt Collection

Your customer does not pay? We have the solution

Common Difficulties In International Debt Collection

Recovering unpaid debts in a speedy manner is crucial for maintaining a smooth operation. However, it comes as no surprise that attempting to collect debt internationally brings its own set of challenges. The following are common difficulties most people face when trying to collect debt across borders. Fortunately, Isaac Eilat Law Offices has the experience and expertise to work through them.

Finding The International Debtors

Keep in mind that before you attempt to collect your debt, you first need to find the debtor. This can be a challenge in itself. If the debtor changed his location or can’t be found when the invoice is due, you’ll need to investigate and find his current location.

.When at least the debtor’s country is known, and subject to the availability of additional personal details we locate him. We work with professional skip tracers in the debtor’s country who have the experience and knowledge to find his location. After your debtor is successfully located, we assign the case to our local partner for immediate debt recovery. Locating a debtor all over the globe and without knowing at least his country of residence is more difficult and costly.

Foreign Legislation & Customs

Collecting debt in an international setting is more difficult than collection in one own’s country.. Another challenge lies in complying with all local, national and international regulations and legislation throughout the entire process of the debt recovery. It is crucial to remember that each country, and often even state within a country, may have their own set of laws and regulations. In order to be successful one must deeply understand every relevant law and statute as failure to comply with them may lead to penalties and a delayed debt recovery process.

Furthermore, in order to ensure efficient communication with the debtor for the purpose of reaching a speedy amicable resolution, knowledge of the local language , customs and ways of approach are paramount.
Isaac Eilat Law Offices takes advantage of its vast international network of debt-collection partners, which encompass all time zones, to overcome this difficulty. All of our local partners speak the local language, and are well-versed in the local laws and culture, which helps them handle the dispute efficiently and reach a solution in a fast manner.

Case Updates & Status Reports

Your money is naturally very important to you, and so is the process of getting it back. This is why you should be well-informed and updated throughout the entire process. Your referent will send you timely updates so that you will be well aware in what stage the collection process is in. The last thing you want to do is chase down your own representative for an update!.
A Nominated Referent
Isaac Eilat Law Offices works differently from other firms and collection agencies in that it nominates a dedicated referent for you who will know your business requirements thoroughly. Regular communication with our clients is one of our core principles and therefore we are always open to communicate 24/7 to answer your questions , update you on new events and reach decisions mutually
Maintaining Your Strong Customer Relationships

Although we have absolutely no problem in being assertive on your behalf, we realize that this is not always the best way. A customer who hasn’t paid his invoice isn’t necessarily one that you want to avoid working with in the future. He may be in temporary difficulties and it may be beneficial to show understanding. He or she may be essential for your future business. You don’t want your debt collection partner to work automatically, blind to other important factors relevant to your business..

Don’t let amateurs handle your International debt collection problems . Contact Isaac Eilat Law Offices’ expert international debt collection firm to freely discuss your problem and its solution.

International Debt Collection - Here we are active

Collection questions and answers

At Eilat Law, we are an international debt collection law firm that values human relationships. Our aim by getting your funds back rapidly isn’t to get our share of the piece, but to form a relationship with our clients that is based on trust and reliability, knowing that these two essential factors will get you to recommend us to friends and family members.
In addition, we have international partners in just about every country in the world, which means our arms can reach your debtor regardless of his location.

Our law  firm has been operating in international debt collection and cross- border litigation for close to 4 decades.

Our firm has two principle targets: a)Speed- collecting the money due to you globally and fast, b) Costs- limiting your costs to the minimum possible.

 – Personal and dedicated Service above all.
– safeguarding our client’s name and goodwill
– Conforming with local and international al ethical and legal standards.
– Long relationship with our clients based on trust and reliability,

we have experienced international partners in just about every country in the world. We reach your debtor regardless of his location and fast!.

Nothing upfront !. In Isaac Eilat Law Offices we work on a “no collection – no fee” principle, which means we receive our agreed remuneration only when we successfully recover your money. If the case goes to court, we’ll lay out our rates for your approval before we take action.

.All debt types. We provide services covering Commercial , Retail, Public and government , Medical, Educational , transport, probate, real-estate, export, insurance, e-commerce , enforcement of judgments and all others regardless of their size and field.

Our mutual interests dictates speed. As soon as we receive the required paperwork, we’ll get immediately to work ( usually on the same day). The overall time it takes to recover your debt varies according to the particulars of the case. This includes the age of the debt, the kind of debt,the debtor’s response, his payment abilities, etc. You will be notified immediately of every development and estimates will be updated along the way.

 On the spot Phone calls, emails, demand letters, live meetings, negotiations, drawing reimbursement -agreements. If the debtor contests the debt, we ask him to send us proof or details of his claims as soon as possible. If the debtor has changed address, our tracing center will find him by professional skip-tracers.
If none of the above-mentioned efforts result in the collection of your funds, we may suggest to file a lawsuit. ( depending to debtor’s financial circumstances)

Our representatives can make pay-visits and house -calls. We also provide credit reports, investigations, asset-searches . Please contact us for an offer.

Definitely. In order to begin with the debt collection process, we need to validate the case. These may include :contractual agreements, invoices or bills for goods and services, legal court judgment papers, signed terms & conditions, and so on.

Absolutely. If all pre-court attempts fail, our legal team and international partners review the case again to determine litigation collectability. If we decide that your case is worthy of legal action, we shall give you an offer which is your absolute right to accept or decline. Should you decline- we shall close the case without any fees. Should you accept- we proceed as agreed.

Yes. This is subject to legal provisions according to international treaties or based on International Comity principles ( If the creditor’s and debtor’s countries recognize each other’s judgments)

Yes. The actions taken are subject to prevailing laws in the subject country. These may include: garnishments, repossessions, passport and driving license withdrawals, freezing of bank accounts, and many more.