Not all debtors are close to home – some move away and some purposely flee in the hope that the debt will be ignored – but this doesn’t mean that you can’t reclaim the money that you’re owed. An international debt recovery company, such as Cobra Financial, could be just what you need. If you need to trace debtors and recover debt from someone overseas, you can enlist the services of an international debt recovery company to handle things on your behalf. From researching the debtor to collecting the money, an international debt recovery company takes care of everything. Here’s the process for successful international debt recovery.

Research

One of the first things that an international debt recovery does is research the debt, the debtor and the circumstances surrounding the owed funds. When a customer provides us with evidence of a debt, we start by verifying that the debt for the stated amount exists, and then we come up with a plan to collect on it successfully. This plan will depend on a lot of factors, and we tailor our approach to you. We consider who the debtor is, what the debt is for and how much they owe, and then we approach debt collection in a way that’s most likely to be effective.

Debtor Tracing

A key part of international debt recovery is debtor tracing, as there is a high chance that we could be looking for a debtor that’s a million miles away. If necessary, we use our network of international contacts to locate and surveil your debtor, before deciding on the best way to approach them.  This is ideal if they have fled abroad to escape paying what they owe. Though you might not have the ability to trace and find them, we certainly do.

Collection

Once everything is in place, our focus is on collecting the debt and ensuring that you get the money that’s rightfully yours. Our face-to-face debt enforcement officers arrive on the scene and work hard to persuade the debtor to pay up. There is a lot that goes into this step, and we aren’t shy of using various techniques in order to get the desired result. We are aware of the different legal frameworks around the world, and of the different debt collection practices of the country that we are working in.

If you are looking for an international debt recovery company, you have come to the right place. At Cobra Financial, we provide a wide range of debt recovery services, and this includes recovering debts from people abroad. Whether your debtor has relocated or fled, our experts can trace them and pursue the debt on your behalf. Not only does this allow you to focus on other things, but our expertise increases the chances of success. To find out more, get in touch with our talented team.