International debt collection
What is international debt recovery International debt collection is the process and procedure of pursuing delinquent amounts and foreign debts from consumers (i.e. “subject of debt”) on a nationwide level. A foreign debt, meaning a debt outside creditor’s location of operation, is also known as a “cross-border” debt. The debts can be collected either from businesses or from individuals. Transnational debt collection requires knowledge of different financial regulations and acts.