Debt Collections Made Better

DEBT COLLECTION IN SOUTH AMERICA

Debt collection in South America varies by country, with different regulations and enforcement mechanisms. However, some common trends exist:

Key Aspects

  • Regulation: Countries like Brazil, Argentina, and Chile have consumer protection laws that regulate debt collection, while others have less stringent oversight. Debt collectors must often be registered or licensed.
  • Collection Process: Typically starts with notices, calls, and negotiations. If unresolved, creditors may escalate the case to debt collection agencies or take legal action.
  • Legal Enforcement: Courts can issue judgments for wage garnishment, asset seizure, or payment plans. The efficiency of legal enforcement varies by country.
  • Consumer Protections: Laws in countries with strong financial regulation (e.g., Brazil, Colombia, Chile) prohibit harassment and unfair collection practices, but enforcement can be inconsistent.

Countries We are Available In

PRESENCE & COUNTRIES LIST

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

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