The mexican debtor may use local law, foreign language and even local customs as excuses to delay payment. Engaging an overseas law firm to collect the debt can prove expensive with a high risk of throwing good money after bad.
Using an international debt recovery service to work on a No Win, No Fee basis gives businesses the ability to increase international sales whilst minimizing risk. Whereas a law firm will do little more than send a formal letter before action prior to suggesting legal proceedings, Red One Cobranza Especial will engage in discussions with the Mexican debtor in an effective manner to understand and remove barriers to payment.
Our international debt collection service works on a commission only basis and is suitable for all sizes of company and debt. Our tried and tested methods resolve barriers to payment quickly, in most cases persuading the mexican debtor to resolve the matter without the need for legal action. Our debt collection process allows us to collect useful information relating to the debtor, so that we understand the reasons for non-payment of the overseas debt and the financial status of the debtor.
If we find that the debt is not collectable without litigation, then the information we gather allows us to establish the most suitable procedure for legal action and enforcement, and to understand whether or not such action is likely to be successful and profitable for our client. We will discuss the details with our customer, and whilst we provide advice and make recommendations it is our client’s decision as to whether to proceed to debt litigation. In many cases we have saved our customer from significant loss where legal action would have resulted in a successful judgement which would never be paid.
Red One Cobranza Especial specializes in business to business/person debt collection and debt litigation to get outstanding invoices paid as quickly and as cost effectively as possible. We employ professional negotiators, intelligent, persistent collectors and highly specialized litigation lawyers to achieve best results and maintain a professional image for our business and that of our clients.
- No win – no fee collection.
- No up front charges in out of court debt collection, and minimum expenses on litigation cases.
- Professional Investigators to locate missing debtors and intelligence if needed.
- Personal service and regular updates on your case.
- No cash payments accepted, payments directly to your account, and only by bank transfer.
- The majority of debts collected without the need for legal action.
- No extra fee, if legal action is required.
We are committed to developing long-standing partnerships with our clients, with our service focused on getting the most profitable outcome for you in each case we deal with. Our unique structure means that we are able to collect the majority of debts without the need for legal action, and where litigation is necessary, we are able to act in a far more objective and cost-effective manner than traditional law firms.