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 Cambodia 

Cambodia is divided into 25 provinces with the capital and most populous province being Phnom Penh. Our local office is situated in the Phnom Penh so we are centrally located to recover debts throughout all of Cambodia. 

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 Cambodia is spoken by 90% of the population. We understand the local cultures and know all the legal processes. These are reasons why Creditreform are the ideal people to help you in collecting debts from overseas. 

4. Statute of Limitation in Cambodia 

5 years for B2B claims and 3 years for B2C but there are 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: 

Cambodia 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 Cambodia: 

Location of debt recovery office in Cambodia? 

Phnom Penh. All debt collection letters are sent by the local head office. 

Number of debt collection staff? 

6 employees. 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 Cambodia? 

We have been operating an Asia debt collection service on a no win no fee basis in Cambodia since 2012. Cambodia 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 Cambodia? 

B2B: 5 years 
B2C: 2 years 
Cambodia 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 Cambodia 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. Other Statute of Limitations include: 
Cambodia Open Account Years – 5 years 
Cambodia Promissory Notes – 5 years 
Cambodia Written Contracts – 5 years 
Cambodia Oral Agreements – 3 years on employment contracts but could vary 

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

We have not foreseen any issue on this. 
There is currently no Free Trade Agreement that have been signed or any ongoing negotiations between Cambodia and European Union. 

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

There is 1 company registry in Cambodia which is called Ministry of Commerce (MOC) located at Lot 19-61, Russian Federation Blvd, Phum Teuk Thla, Sangkat Teuk Thla, Khan Sen Sok, Phnom Penh, Kingdom of CAMBODIA. 
We have access to Cambodia Company Registry searches to find out who further background information on all Cambodia companies. 

What is the debt collection process in Cambodia? 

There are 3 steps: Negotiation, then Demand debt collection Letter from lawyer, then court 

Average length of time to collect a debt? 

The average time taken to recover a Cambodia B2B debt collection case varies from case to case. Around 1 month for process outside court or 5 to 1 year for court process. 

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

Legally yes if it is stated in the agreement but in practice, it depends on the intention of the parties for claim outside court. For court, yes, compensation for damage may be claimed. 

Details on legal service / process in Cambodia? 

Outside court, lawyer can negotiate with the debtor and/or issue a demand letter to the debtor. 
Small claim mostly, it is difficult to do it through court and we are not willing to handle small claim at court. 

Cambodia 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 Cambodia 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. 

Cambodia Skip Tracing Agents 

Creditreform’s debt collection company service also uses expert local Combodia 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 Bangladesh 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 the 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. 

Cambodia Debt Collection Partners in the following Cambodian Cities 

Which countries border Cambodia? 

Cambodia is bordered to the west by Thailand, to the northeast by Laos and to the east by Vietnam

Who are the main trading partners for Cambodia? 

The main export markets for Cambodia are United States (USA), Japan, Germany, China and United Kingdom (UK)
The top import countries for Cambodia are China, Thailand, Vietnam and Japan

Cambodia Debt Collection Agency FAQs 

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

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 Cambodia 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 Cambodia? 

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

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

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

Instructing the debt collectors Cambodia 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 Cambodia debt collector? 

When instructing the debt collector in Cambodia 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 Cambodia 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 Cambodia? 

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 Cambodia 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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