Foreign debt collection

A service designed specifically for overseas use

Studio Benigni’s foreign debt collection service is designed for Italian companies that need to recover bad debts from debtors residing outside Italy, both in Europe and in non-EU countries.
Thanks to a network of legal partners and international correspondents, the firm is able to handle every case with competence, in full compliance with local regulations and linguistic and cultural differences. The goal is to ensure rapid turnaround times and an effective operational approach at every stage, from out-of-court negotiations to possible legal action for enforced recovery.

What Studio Benigni can do for you

The foreign debt collection method is structured to deliver results within a reasonable timeframe, thanks to a clear and personalized process.

The following is offered:

• Free online verification of paperwork;

• Feasibility analysis to assess the real possibilities of recovery;

• The process is initiated within 3 business days of customer acceptance.
To facilitate a quick and sustainable agreement, the following activities are carried out:

• Registered letter with return receipt sent to the debtor, allowing you to:

– discontinue the prescription of the credit

– charge default interest to the customer-debtor

• Telephone debt collection, with reminders handled by multilingual professionals;

• On-site interventions through partners and foreign correspondents specializing in debt collection;

• Closing report, with a statement of irrecoverability, if applicable, and recommendations for possible follow-up actions.

FAQ

We have compiled the most frequently asked questions about our commercial debt collection service to help you understand each stage of the process and clarify any doubts you may have about timing, costs, and operating procedures.

What does international debt collection involve?

Foreign debt collection consists of managing activities aimed at collecting unpaid invoices from debtors residing abroad or foreign creditors who need to recover bad debts from foreign debtors.

What types of foreign debt collection are there?

As with debt collection in Italy, foreign debt collection also involves an out-of-court phase and a court phase.

What activities take place during the pre-trial phase?

The activities carried out are: sending email reminders for normal accounts, attempting to contact customers by telephone, sending legal warnings before taking any legal action.

What does legal (judicial) recovery involve?

Abroad, judicial debt collection varies from country to country. Basically, the debtor is pursued through a form of injunction and subsequent proceedings, more or less as in Italy. Before any decision is made, a thorough due diligence assessment of the feasibility of legal debt collection is carried out.

Are there any steps that need to be taken before initiating legal action?

The preliminary activities vary from country to country. Certainly, asset searches can be carried out in the event of seizure when the injunction, after the writ of execution, does not bring the expected results.

Are there success rates between foreign out-of-court recovery and legal recovery?

There is no fixed recovery rate between the two methods as indicated in the question. Recovery depends on numerous factors such as the type of credit, the debtor’s solvency, and the strategies used.

Experience, professionalism and results: the strengths of Studio Benigni

Studio Benigni offers its clients a team with years of experience in debt collection and business consulting. To request information or a dedicated consultation, please contact the firm: the team will evaluate the most suitable strategy to achieve the client’s objectives.