International Debt Recovery
Is Your Agency Ready for Today's Global Economy?
Cross-border receivables demand specialized expertise, local knowledge, and vetted legal networks. WCS has been navigating international collections since 1983—connecting you to investigators, consulates, and counsel across 190+ countries.
International Contract Lawyers
When dealing with international business dealings, you will certainly find yourself entering into contractual obligations with overseas partners. WCS's in-house recovery team and our array of international contract lawyers can help mitigate your company's contractual sales risk.
We hold expertise in varying international contract laws in every country around the world. We ensure that your contracts work within the framework of local laws to mitigate contractual sales risk.
Risks in international business often rely on communicating with your customer in another language and/or culture. Trade culture and payment traditions differ from country to country. Every jurisdiction has a different legal system and different laws can apply—making it important to hire someone specializing in international commercial contracts.
Contact with the Debtor
If your international invoice has not been paid, making contact with your cross-border client is critical. However, it is often more difficult to communicate with a foreign debtor. Not only does language cause a barrier, but another trade culture also influences communication with your debtor.
After you transfer your international debt collection case to WCS, a seasoned international debt recovery specialist will immediately start working on it. Because we have access to foreign databases, we are able to trace almost all foreign debtors. When needed, they are approached in their own language—both by telephone and in writing. In most cases, the debtor then pays.
Is your company based in an EU Member State? In some cases we can start a European order for payment procedure.
We fill in a standard form and submit it to the local court. The court issues a European order for payment. Your debtor has 30 days to respond if they disagree with the claim. After 30 days, the payment order is final. This judgment is accepted in every EU member state.
Advantages:
- • Low costs
- • Relatively fast procedure
Limitations:
- • Cannot be used for disputed claims
Before starting international judicial debt collection, we investigate feasibility with local counsel in the country and jurisdiction of your debtor customer.
We look at the financial situation of your debtor and the legal system in their country. We always give a realistic picture of your chances of success. In some cases, we will litigate in your debtor's country, but it's also possible to litigate in your country if contractually agreed.
Important Considerations:
- • Every country has its own laws and rules
- • Duration varies from country to country
- • May take longer than US proceedings
- • Costs can be higher than domestic cases
WCS: A Leader in Global Debt Recovery
190+ Countries
Vetted network of investigators and legal counsel worldwide
Multilingual
Language-appropriate communications in debtor's native language
Local Legal Expertise
Understanding of local laws, customs, and recovery procedures
Pragmatic Approach
Facilitating the most pragmatic recovery for each account
Ready to Recover Your International Receivables?
Collecting today's receivables is competitive. When you are ready, we relish the opportunity to compete on your behalf across borders.