Search a country below for debt collection:
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:
Belize 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 initial the collection processes by sending the debtors a debt collection letter 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 Belize:
Location of debt recovery office in Belize?
Punta Gorda Town, Toledo. All debt collection letters are sent by the local head office.
Number of debt collection staff?
12 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 Belize?
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 Belize?
The Statute of Limitation in Belize is 6 years.
Belize 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 Belize is 6 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. Other Statute of Limitations include:
Belize Open Account Years – 6 years
Belize Promissory Notes – 12 years
Belize Written Contracts – 6 years
Belize Oral Agreements – 6 years
How EU (European Union) laws effect debt collection in Belize?
Does not. Just depends on country of jurisdiction via a contract is a contract is used.
Belize signed a free trade agreement (FTA) as part of CARIFORUM with the European Union (EU) in 2008 and most parties have provisionally applied since 2008. This is referred to as the Economic Partnership Agreement between the CARIFORUM States and the European Union. The other CARIFORUM states involved are Antigua and Barbuda, Bahamas, Barbados, Dominica, Dominican Republic, Grenada, Guyana, Jamaica, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago and Haiti.
How many companies registries in Belize for businesses (i.e. UK has just 1 central registry)?
Only one registry in Belize but does offshore and local companies.
There is 1 company registry in Belize which is called International Business Companies Registry (IBC) located at Keystone Building, Suite 501 304 Newtown Barracks Belize City, Belize Central.
We have access to Belize Company Registry searches to find out who further background information on all Belize companies.
What is the debt collection process in Belize?
Debt collection in Belize is not organized therefore there are many crooks who get into the business and collect people’s money then disappear. Many individuals offer the service but only offer partial service. We offer the complete service from account statement to incarceration. We get the statement, do the calls, visits, do the entire court process including serving (we are process servers) and court representation to the various summons (distress and judgement) then finally incarceration for non payment.
Average length of time to collect a debt?
Varies tremendously for each b2b debt collection case. If the debtor pays quickly that’s it. Once it goes to court this process takes about 6 months before you can get a judgment. Once judgement is done no guarantee of payment. To run through the entire legal process takes about a year and thereafter still no guarantee of payment.
Can late payment fees / interest to be added to claims?
Yes but is discouraged by the Courts. The way to get around that is to include the fees as part of the statement by generating an invoice for the fees. Once the paperwork from the business has the disclaimer that collection fees will be added on for non payment this point can be argued in court for acceptance. However – at the end of the day it is up to the sitting Magistrate to decide.
Details on legal service / process in Belize?
Due to the economic condition of Belize collection business has seen a huge increase. However, very few people are actually paying and the court process does not work. The tactic often used to collect is public shaming via facebook or a list of debtors release to the news media or printed in the newspaper.
Belize Business Credit Reports
Creditreform provides over 88 million international business credit reports throughout Europe and 200 million international business credit reports worldwide. We provide freshly investigated Belize Company Searches 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 an expert local Belize tracing agent services to locate any absconded debtor.
Specialist Debt Recovery Experts
There are many unique requirements to recovering international debts in all countries including Belize debt collection services which differ from the UK debt collection agency services 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.
Which countries border Belize?
Who are the main trading partners for Belize?
What is the legal system in Belize?
What is the Supreme Court in Belize?
The Supreme Court in Belize is called the Supreme Court of Belize, Caribbean Court of Justice.
Belize Debt Collection Agency FAQs
1. How does a Debt collection agency in Belize 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 Belize 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 Belize 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 Belize?
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 Belize 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 in Belize?
The reasons for using a local Belize debt collection agency than processing from a different country is the debt collector in Belize 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 Belize debt collection?
We will assess all debt cases, irrelevant of age and size and then advise the best processes to recover these through the Belize debt collector.
7. How do I instruct the debt collectors in Belize?
Instructing the debt collectors Belize 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 Belize debt collector?
When instructing the debt collector in Belize 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 Belize 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 Belize?
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 in Belize 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.