1. Costs - No Win No Fee! 

Having long standing relationships with all our overseas partners we have agreements to provide these services on a NO WIN NO FEE basis charging the agreed commission rate against monies recovered only. 

2. Coverage in Bolivia 

Bolivia is divided into 9 departments with La Paz being the most populous. Our local office is in La Paz enabling us to recover debts throughout all of Bolivia. 

3. Local Experience 

Unlike many of our competitors all cases are handled by the local office or partner. The reasons for this are they speak the debtors' language in this case of Bolivia Spanish is the most widely spoken along with 36 official indigenous languages too. These are reasons why Creditreform are the ideal people to help you in collecting debts from overseas. 

4. Statute of Limitation in Bolivia 

3 years but there are many special exemptions so whatever the age please contact us and we will advise if we can assist with your claim 
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: 

Bolivia 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 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 
The languages 
The laws 
Are in the same time zones 
Herewith details of our debt collection service Bolivia: 

Location of debt recovery office in Bolivia? 

La Paz. All debt collection letters are sent by the local head office. 

Number of debt collection staff? 

10 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. 
Our Attorneys at Law work specifically in the field of Debt Collections. 

How long have you been operating a debt recovery service in Bolivia? 

We have been operating a South America debt collection service on a no win no fee basis in Bolivia since 1968 ( (over 50 years experience). Bolivia is included on our debt collection agency list

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 Bolivia? 

3 years 
Bolivia 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 Bolivia 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: 
Bolivia Open Account Years – 3 years 
Bolivia Promissory Notes – 3 years 
Bolivia Written Contracts – 3 years 
Bolivia Oral Agreements – 3 years 

How EU (European Union) laws effect debt collection in Bolivia? 

This has limited impact in Bolivia. 
There is currently no Free Trade Agreement that have been signed or any ongoing negotiations between Bolivia and European Union. 

How many companies registries in Bolivia for businesses (i.e. UK has just 1 central registry)? 

There is 1 company registry in Bolivia which is called Registry of Commerce (Fundempresa) located at La Paz, Bolivia. 
We have access to Bolivia Company Registry searches to find out who further background information on all Bolivia companies. 

What is the debt collection process in Bolivia? 

We start by sending a strong and forceful letter, obligating the debtor to pay the owed amount. 
For Debt Collection, we begin with the Conciliatory Way, and after with the Judicial Way. 
Of course if you instruct us to go directly with the Judicial Way, we can proceed straight to court. 
We also organize one or more meetings with the debtor, until convince him that to pay by the Conciliatory Way, always is better and easy than going to trial before a Court. 
If the debtor doesn't pay, we begin the Judicial Collection, begining a Criminal Proceeding, with which the debtor feels cornered, and finally proceeds with the payment of the owed amount. 

Average length of time to collect a debt? 

The average time taken to recover a Bolivia B2B debt collection case varies from case to case but typically takes up to 4 months in Bolivia. 

Can late payment fees / interest to be added to claims? 

Yes older debts always generate interest, and this interest can be added to the owed amount. 

Details on legal service / process in Bolivia? 

We have great professionalism, punctuality, experience, ability to pressure the debtor and a prestige of more than half a century. 
In fact, our practice in this field, doesn't differs from UK or others European countries. 
Our local partner has the ability to recover small, medium and very high owed sums of money, guaranteeing our customers, that the debtor will also pay the interest that has been generated. 

Bolivia 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 Bolivia 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. 

Bolivia Skip Tracing Agents 

Creditreform’s debt collection company service also uses expert local Bolivia 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 Bolivia 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. 

Bolivia Debt Collection Partners in the following Bolivian Cities  Cochabamba Debt Collection Agency La Paz Debt Collection Agency Oruro Debt Collection Agency Santa Cruz Debt Collection Agency Sucre Debt Collection Agency  

Which countries border Bolivia? 

Bolivia is bordered to the north and east by Brazil, to the southeast by Paraguay, to the south by Argentina, to the west by Chile, and to the northwest by Peru

Who are the main trading partners for Bolivia? 

The main trade partners for Bolivia are Brazil, Argentina, China, the United States (USA), South Korea, Japan, and Peru

What is the legal system in Bolivia? 

The Bolivia legal system is influenced by the Napoleonic Code. 

What is the name of the Government Gazette in Bolivia? 

The Gazette in Bolivia is called the Gaceta Oficial Estado Plurinacional de Bolivia – Bolivia Official Gazette. 

What is the Supreme Court in Bolivia? 

The Supreme Court for Bolivia is called the Plurinational Constitutional Court, Supreme Court of Justice. 

Bolivia Debt Collection Agency FAQs 

1. How does a Debt collection agency in Bolivia 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 Bolivia 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 Bolivia 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 Bolivia? 

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 Bolivia 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 Bolivia? 

The reasons for using a local Bolivia debt collection agency than processing from a different country is the debt collector in Bolivia 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 Bolivia debt collection? 

We will assess all debt cases, irrelevant of age and size and then advise the best processes to recover these through the Bolivia debt collector. 

7. How do I instruct the debt collectors in Bolivia? 

Instructing the debt collectors Bolivia 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 Bolivia debt collector? 

When instructing the debt collector in Bolivia 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 Bolivia 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 Bolivia? 

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 Bolivia 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. 
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