Debt Collections Made Better

DEBT COLLECTION IN EUROPE

Debt collection in Europe varies by country but generally follows EU regulations and national laws. Here are some key points:

  • Regulation: The EU enforces consumer protection laws, such as the Late Payment Directive, which sets payment deadlines and interest for overdue invoices. Each country also has its own laws governing debt recovery.
  • Collection Process: Typically, it starts with reminders and negotiations. If the debtor fails to pay, legal action or hiring a debt collection agency may follow. Some countries require licensing for debt collectors.
  • Legal Enforcement: Creditors can use court orders, bailiffs, or insolvency proceedings to recover debt. The European Small Claims Procedure helps cross-border cases.
  • Consumer Protections: Harassment and unfair practices are prohibited. Debtors have rights, including contesting claims and negotiating repayment plans.

Countries We are Available In

PRESENCE & COUNTRIES LIST

Please find more about our workflow and approach to debt portfolio management in the following countries

A

B

C

D

E

F

G

H

I

L

M

N

P

R

S

T

U

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