International debt collection
What is international debt recovery International debt collection is the process and procedure of pursuing delinquent amounts and foreign debts from consumers (i.e. “subject of debt”) on a nationwide level. A foreign debt, meaning a debt outside creditor’s location of operation, is also known as a “cross-border” debt. The debts can be collected either from businesses or from individuals. Transnational debt collection requires knowledge of different financial regulations and acts. That is why nationwide debt collection agencies locate their representatives in each country they operate.