One of the things you must consider when recovering a debt abroad is how to get in front of your debtor and deal with them face-to-face. Recovering money abroad can feel like a daunting and thankless task at times, but you need not panic. If you’re owed money and your debtor is living outside of the UK, then we can help.
How does international debt recovery work? Good question. Here are a few things to consider when recovering money abroad.
What is International Debt Recovery?
International debt recovery is the process of recovering money and delinquent accounts from outside a debtor’s country of residence. Having a physical, tangible authority abroad can sometimes tip the balance in your favour when it comes to recovering a debt overseas.
Advantages of International Debt Recovery
When recovering a debt abroad, we use multiple communication channels in order to contact the debtor. Agencies such as ours maintain multi-lingual relationships to negotiate with the debtor and local authorities in their own language. Indeed, being able to immerse oneself in a particular culture is hugely important as it makes the whole recovery process a lot smoother and, most importantly, a lot easier.
Nevertheless, having a team on the ground in a country can more than likely tip the balance in your favour when it comes to recovering your monies, whilst our sheer presence, be it abroad or here on home soil, largely facilitates the recovery of your money.
How Does the International Debt Recovery Process Work?
For many companies, international debt recovery is just as important as any other domestic processes.
At Cobra, our process is simple. We have developed a network of reliable and trustworthy international debt recovery agents and associates around the world. With the support of our agents here in the UK, we have strong links with several countries around the world and have bestowed upon them our ways of working.
When you recruit the international debt recovery services of Cobra Financial Solutions, we choose the best international-based agent who is best placed, with the support and guidance of one of our agents, to recover your debt from any country in the world.
From avoiding any unnecessary legal costs to abiding by any international laws that may apply, our team of international debt collection agents and partners are all too aware of how to expertly recover a debt overseas.
We Are the International Debt Recovery Specialists
If you’re owed money by a debtor living abroad, then we can help.
As the international landscape changes by the day, and with international travel and politics becoming more accessible and eclectic, more and more debtors may be looking to take refuge on the continent to avoid paying a debt.
Indeed, with a long list of clients who we’ve helped recover debts from people living abroad, you can rest assured knowing that reputation is in safe hands.
Be it our specialist overseas team, global network or designated case manager, you can trust Cobra to get your money back wherever your debtor may be living.
To discuss your case in more detail, get in touch with our team of international debt recovery experts on 0151 526 4222.