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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:
Burundi 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
Are in the same time zones
Herewith details of our debt collection service Burundi:
Location of debt recovery office in Burundi?
Bujumbura. All debt collection letters are sent by the local head office.
Number of debt collection staff?
The office has 19 staff : 11 lawyers (4 partners and 7 associates) and 7 supportive staff. Each staff member is allocated a client and all their debt collection letters are personalised in order to effect the best response results from debtors.
How long have you been operating a debt recovery service in Burundi?
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 Burundi?
Debt recovery is subject to statute of limitation. In fact, Obligations arising from a business between traders, or between traders and non-traders, are prescribed by five years, unless special provisions to the contrary.(article 11 of the Burundian Commercial code)
An example of such exception is found in contract of carriage for which limitation period is of two years only ( article 27 of a Decree of 1920).
Burundi 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 Burundi is 5 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 Burundi?
No impact on collections in Burundi.
Burundi is in discussions over a free trade agreement (FTA) as part of the East African Community (EAC) which includes 5 African states together with the European Union (EU). This is referred to as the Economic Partnership Agreement between the EAC and the European Union. South Sudan became the sixth member of the EAC in September 2016. The other EAC member states are Kenya, Rwanda, Tanzania and Uganda.
How many companies registries in Burundi for businesses (i.e. UK has just 1 central registry)?
There is 1 company registry in Burundi which is called Agence de promotion de l'investissement au Burundi (API) - Investment Promotion Authority of Burundi located at Bujumbura, Burundi, Boulevard du 28 novembre, Mutanga Nord, Imeuble Asharif.
We have access to Burundi Company Registry searches to find out who further background information on all Burundi companies.
What is the debt collection process in Burundi?
Collection process in Burundi can follow two different routes :
1.When a debt is certain, of a fixed amount and due, an order for payment can be claimed before the commercial court.
Three situations can be envisaged as a result:
Order for payment order: the judge orders the debtor to pay the amount claimed by the creditor.
Order of rejection: when the Court finds that the evidence provided by the Creditor is insufficient to justify an order to pay.
Partial payment: the court grants the creditor a partial payment.
If there is no opposition from the debtor within fifteen days from the date of service of the order or in case of withdrawal of the debtor who filed the opposition, the creditor may request enforce-ability of the court order
The enforce-ability produces all the effects of a judgment and is not subject to appeal. The pay order is ineffective if the request for the attachment of the enforcement order has not been made within two months following the expiry of the opposition period or the discontinuance of the debtor
2.If there has been a mortgage guarantee, the banking Act requires the mortgagor to realize his mortgage within 1 year after formal notice by his creditor
Average length of time to collect a debt?
The average time taken to recover a Burundi B2B debt collection case varies from case to case.
In case of realization of the mortgage guarantee, the process will take about 1 year and 2 months
In case of payment order, the process will take about 6 months provided that there have been no opposition from the debtor
Can late payment fees / interest to be added to claims?
Yes, a default interest of 8% can be applied for each year for Burundi debt collection cases according to local law.
Details on legal service / process in Burundi?
The creditor can obtain the injunction the pay order without prior notification of the debtor concerning the procedure. This eases the recovery process.
Burundi 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 Burundi 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 Burundi 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 Burundi 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.
Burundi Debt Collection Partners in the following Burundi Cities
Which countries border Burundi?
Who are the main trading partners for Burundi?
What is the Supreme Court in Burundi?
The Supreme Court for Burundi is called the "Supreme Court of Burundi"
Burundi Debt Collection Agency FAQs
1. How does a Debt collection agency in Burundi 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 Burundi 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 Burundi 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 Burundi?
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 Burundi 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 Burundi?
The reasons for using a local Burundi debt collection agency than processing from a different country is the debt collector in Burundi 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 Burundi debt collection?
We will assess all debt cases, irrelevant of age and size and then advise the best processes to recover these through the Burundi debt collector.
7. How do I instruct the debt collectors in Burundi?
Instructing the debt collectors Burundi 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 Burundi debt collector?
When instructing the debt collector in Burundi 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 Burundi 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 Burundi?
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 Burundi 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.