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How to Instruct Us
We simply require the following details:
Full name & address of the debtor
All available contact details of the debtor i.e. contact name(s) / Tel / Mobile / Email(s)
Amount owed (Invoice(s) or Statement will help)
Or ask us to call you – just leave us your details:
Albania Debt Collection – No Win No Fee
Creditreform operates a global specialist International debt collections service. We have local offices and fully approved expert international debt collection agency partners in every country worldwide. All our International debt collection agency partners and offices operate on a No Win No Fee basis charging an agreed commission against monies recovered only. All our international offices and partners initiate the collection processes by sending the debtors a debt collection letter template to introduce their involvement.
Main reasons why a local country debt recovery agency is so important rather than trying to recover from a debt collection agency UK are as follows:
The local International Debt collection Partners know:
The local cultures
The best methods of initiating debt recovery letters and processes
Are in the same time zones
Herewith details of our debt collection service Albania:
Location of debt recovery office in Albania?
Tirana. All debt collection letters are sent by the local head office.
Number of debt collection staff?
23 staff. Each staff member is allocated a client and all their debt collection letters are personalised in order to effect the best response result s from debtors.
How long have you been operating a debt recovery service in Albania?
What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?
We handle both Business to Business debt recovery cases and Business to Consumer debt collections cases. There is different content for business to business debt collection letter templates and business to consumer debt collection letters templates.
Statue of Limitation in Albania?
According to the Albanian law, the statute of limitation period for the recovery of debts is 10 years.
Albania civil litigation statute of limitations is a law that time limits a plaintiff’s right to bring a claim against a defendant. The statute of limitations in Albania is 10 years. However, if an action has been taken within this time then the statute of limitations time will be extended to account for this. Once the specified time period elapses then no action can be taken through the legal processes unless the plaintiff is able to prove exceptional circumstances.
How EU (European Union) laws effect debt collection in Albania?
The EU laws do not affect debt collection in Albania.
Albania signed a free trade agreement (FTA) with the European Union (EU) in 2006 and this has been enforced since 2009. Albania is also part of SAA (Stabilisation and Association Agreement). Albania is currently negotiating for EU accession. Albania is on the current agenda for future enlargement of the European Union (EU). It applied for EU membership on 28 April 2009, and has since June 2014 been an official candidate for accession.
How many companies registries in Albania for businesses (i.e. UK has just 1 central registry)?
1 registry; the National Business Centre.
There is 1 company registry in Albania which is called National Business Center (Qendra Kombetare e Biznesit) located at Boulevard “Zhan D’Ark”, Property no.33, Military House, Tirana.
We have access to Albania Company Registry searches to find out who further background information on all Albania companies.
What is the debt collection process in Albania?
Generally, the debt collection process in Albania includes two stages, (i) the out of court procedures (i.e. written debt recovery letters warning to the debtor, phone calls and/or meeting with the debtor for payment of the debt) and (ii) court procedures, in case the out of court procedures result unsuccessful.
The debt collection process is performed through debt collection agencies or lawyers who act in the name of the creditor toward a fixed fee or percentage of the total amount recovered.
Average length of time to collect a debt?
The out of court procedures for B2B debt collection may last approximately two - three months.
The court procedures in first instance court may last from 6 to 8 months. The first instance court’s decision is not final and enforceable in case is appealed by any of the parties to the Court of Appeal.
The examination by the Court of Appeal would take place approximately (1) one-year time from the filing of the appeal. The decision of the Court of Appeal is final and enforceable. The parties can appeal against the decision of the Court of Appeal to the Supreme Court. However, the appeal does not suspend the enforcement of the decision unless specifically decided so by the Supreme Court.
Normally, the enforcement procedures of the court’s decision may last from 4 to 6 months.
Can late payment fees / interest to be added to claims?
Yes, fees can be added for Albania debt collection cases according to local law.
Details on legal service / process in Albania?
Our legal services during the legal process consist in representation of the creditor in all levels of Albanian courts. We, without being limited to, prepare and submit lawsuit, submissions, motions, evidences and appeals if necessary. We assist also during the enforcement procedures of the court’s decision.
The legal process takes effect by filing the lawsuit against the debtor and the relevant evidences with the first instance court.
The court serves the lawsuit and the evidences of the creditor to the debtor, who should submit its statement of defense and evidences against the lawsuit within a maximum term of 30 days, from the date the lawsuit has been served.
The case is heard by the court through a normal trial. It is standard practice for the court to appoint an independent financial expert for the calculation of the debt value, interests and costs.
During the court procedures, the creditor may require as securing measure seizure of the debtor’s movable or immovable assets prior the court renders its decision on the merits.
Albania Business Credit Reports
Creditreform provides over 88 million international business credit reports throughout Europe and 200 million international business credit reports worldwide. There are over 160,000 active companies in Albania. Over 48,000 companies operated in retail and wholesale trade. We provide freshly investigated Albanian business credit reports which can be done prior to trading to make sure the company you will be dealing with can meet the commitment or once the debt becomes overdue to ensure the debtor can meet the amount owed.
Creditreform’s debt collection company service also uses expert local Albania tracing agent services to locate any absconded debtor. This debtor tracing service is provided on a No Find No Fee basis only charging for a successful trace.
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in all countries including Albania debt collection services which differ from the UK and therefore it is very important that cases are handled directly by our expert international debt collection agencies and not from debt collectors UK. This method of international debt collection sets Creditreform aside from the competition who in many cases try and recover debts from a UK debt collector only. Using the local offices and partners enables us to achieve a far greater success rate and our No Win No Fee service together with competitive commission rates against monies recovered only ensures you get the best service.
Albania Debt Collection Partners in the following Albania Countries
Who are the main trading partners for Albania?
Which countries border Albania?
What is the legal system in Albania?
The Albania legal system The Civil Code of the Republic of Albania, 1991 which is based on Napoleonic Civil law.
What is the name of the Government Gazette in Albania?
The Gazette in Albania is the Fletorja Zyrtare (Official Journal)
What is the Supreme Court in Albania?
The supreme courts for Albania are:
Constitutional Court of Albania
Supreme Court of Albania
Albania Debt Collection Agency FAQs
1. How does a Debt collection agency in Albania recover overdue debts?
The debt collection process is initiated by an introductory letter to your debtor stating the amount owed to you and informing them of our involvement. Letters are then followed up with emails and telephone calls. From our experience the most effective part of this process will be the outsourcing to a third party debt collection agency in Albania as the debtor now has to resolve the debt and can no longer hide or provide lame excuses.
2. How long does the debt recovery agency in Albania take to process a case?
The debt collection case will be processed immediately up receipt and a letter sent normally by email and post. You will receive an automated confirmation by return.
3. What is the success rate for debt collection agencies in Albania?
The success rate of the debt recovery case depends on a number of factors including the solvency of the debtor and whether the case has a legitimate dispute. Our aim is to recover every debt that is recoverable.
4. Does the debt recovery agency in Albania operate a No Win No Fee debt collection?
We take on all debt collection cases on No Win No Fee basis only charging the agreed commission against monies recovered.
5. Why use a local debt recovery agency Albania?
The reasons for using a local Albania debt collection agency than processing from a different country is the debt collector in Albania speaks the local language, knows the local laws and operates in the same time zones.
6. Are there any debts too old or too small for Albania debt collection?
We will assess all debt cases, irrelevant of age and size and then advise the best processes to recover these through the Albania debt collector.
7. How do I instruct the debt collectors in Albania?
Instructing the debt collectors Albania is a simple process. You just email details of the debt, debtor and amount to be recovered and the case can be initiated.
8. What evidence do I need to provide when instructing the Albania debt collector?
When instructing the debt collector in Albania just provide copies of invoices/statements, debtor contact details and any relevant information you may have to assist with the recovery process.
9. Who does the debtor pay?
In general the debt collector in Albania will request payments to be sent directly to the client but if not possible for any reasons will take payment directly. If payment is taken then cleared funds will be processed and sent to client straight away.
10. Can I instruct multiple cases?
You can send unlimited debt case instructions. Our systems will automate volume cases to meet your requirements.
11. Can you trace debtors in Albania?
Through our network of skip tracing agents we have an extremely high success rate of locating your absconded debtor.
12. How long does the debt collection process take?
On average the debt collections process takes 90 days to resolve an amicable debt recovery case. There are a number of factors that can delay this process but we will keep you informed every step of the way.
13. What are my options if debt collection is not successful?
If the debt recovery service is not successful we will advise you of your options including legal actions. Please note no legal actions or other processes will be taken without prior instruction from you.