International debt collection The Good, the Bad and the Ugly

12/1/2014 - Report
ic_blogtagEconomic OutlookInsolvency and Payment RiskDebt collectionInsolvencyPast duesPayment Terms
Why is international debt collection complex, and how to deal with cross border complexity?

Five rules apply: (i) Never underestimate the business context; (ii) Negotiation with teeth is your best friend; (iii) Beware of toothless courts; (iv) Collecting debt from insolvent debtors is a challenge; (v) The longer tne waits, the greater the complexity and risks.

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International debt collection The Good, the Bad and the Ugly - Report