Debt Collection
National & International
CMC has vast experience in both national and international debt collection. Thanks to our multilingual teams of specialists, we achieve impressive results: we collect 95% of the debts we chase out of court.
At CMC we collect debts on a ‘No Win, No Fee’ basis, meaning that you only pay when the debt has successfully been collected. Therefore, if the debt is not collected, we do not charge administration, case or handling costs.
"In situations where your judgment may be clouded by emotion, we have the distance to view issues objectively"
Benefits of handing over a case to a debt collection agency
Companies are often not aware of the fact that if debtors are not chased in time, the chances that the debts are collected become smaller as time increases. In fact, the probability that a commercial debt will be paid decreases each semester by 15% (or 30% annually). For consumer debts, this probability of collection decreases by 22.5% each semester (45% annually). This is why it is very important to keep track of the accounts receivable: to avoid past dues becoming uncollectable.
Benefits of working with us:
- Multilingual services: rest assured that we will communicate with your debtors in their native language, getting the results that count: fast payment of your unpaid invoices.
- No win - No fee: Meaning that you only pay when the debt has successfully been collected. Therefore, if the debt is not collected, we do not charge administration, case or handling costs.
- Dedicated Account Managers: our dedicated Account Managers continuously stay in touch to keep with you updated, and to discuss the latest developments in your cases.