Debt Collections Made Better
DEBT COLLECTION IN ASIA
Debt collection in Asia varies widely due to diverse legal systems, economic conditions, and cultural attitudes toward debt. However, some common trends exist:
Key Aspects
- Regulation: Countries like Japan, Singapore, and South Korea have strict consumer protection laws, while others have less formalized regulations. Some nations require debt collectors to be licensed.
- Collection Process: Usually begins with written reminders, phone calls, and negotiations. If unpaid, creditors may escalate to debt collection agencies or take legal action.
- Legal Enforcement: Courts can issue judgments allowing wage garnishment, asset seizure, or bankruptcy proceedings. The ease of enforcement depends on each country’s legal efficiency.
- Consumer Protections: Countries with strong financial regulations (e.g., China, India, Malaysia) prohibit harassment and unfair collection practices, but enforcement varies.
Countries We are Available In
PRESENCE & COUNTRIES LIST
Please find more about our workflow and approach to debt portfolio management in the following countries
B
- Bangladesh
- Brunei
C
- Cambodia
- China
D
- Dubai
H
- Hong Kong
I
- India
- Indonesia
- Israel
J
- Japan
- Jordan
K
- Kuwait
- Kazakhstan
L
- Laos
- Lebanon
M
- Malaysia
- Maldives
- Mongolia
N
- Nepal
O
- Oman
P
- Pakistan
- Philippines
Q
- Qatar
S
- Saudi Arabia
- Singapore
T
- Thailand
- Taiwan
- Turkey
U
- UAE
V
- Vietnam
Debt Collections Made Better
Transforming debt collections with a respectful approach for more satisfying results
Collections are not simply about the numbers, and it’s not all about collecting a debt — it’s about finding reasonable solutions that help people gracefully meet their financial obligations. At IDCC, we bring a human focus to debt collections by approaching every interaction with empathy.
IDCC performs its collections for our clients in a structured and organized way to provide maximum results in collection
- Precise financial diagnosis regarding the existing debts of customers and the company itself
- Debtor files are transferred to several departments, each handling a suitable type of file
- Actual collection is done by a team with a financial background and excellent interpersonal skills to maintain the relationship between the customers and their debtors.
- Using IDCC’s method, developed over years, collection will be effective and provide our customers with the desired results and a return of at-risk income