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 Czech Republic 

Czech Republic is divided up into 13 regions and 1 capital (Prague). Our local office is based in Prague so we are well positioned to recover debts throughout the entire country. 

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 Czech and 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 Czech Republic 

3 years 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) 
PLEASE CALL US ON +44 121 442 5330 FOR FURTHER DETAILS 
Or ask us to call you – just leave us your details: 

Czech Republic 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. 
 
Once an instruction is received we will send you an immediate confirmation including our terms and conditions so you can see exactly how we operate. You will be allocated an experienced dedicated account manager who will keep you updated of all developments and is available at all times to answer any questions you may have. 
 
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 Belgium: 

Location of debt recovery office in Czech Republic? 

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

Number of debt collection staff? 

5. 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 Czech Republic? 

We have been operating a European debt collection service on a no win no fee basis in Czech Republic since 1991. Czech Republic 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 Czech Republic? 

3 years in most cases. 
 
Czech Republic 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 Czech Republic is 3 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: 
 
Czech Republic Open Account Years – 3 years 
Czech Republic Promissory Notes – 3 years 
Czech Republic Written Contracts – 3 years 

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

The possibility of claiming damage through EU Late payment directive; easy enforcement of judgments of EU courts; the possibility of using the European order for payment. 
 
Czechia has been a European Union (EU) member country since 2004 and Schengen area member since 2007. 

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

Commercial register (Verejny rejstrik) for companies and Trade register for all business entities including companies (Zivnostensky rejstrik. 
 
There is 1 company registry in Czech Republic which is called Ministry of Justice – Business register search - "Veřejný rejstřík a Sbírka listin - Ministerstvo spravedlnosti České republiky" located at Vyšehradská 16, 128 10 Prague 2, Czech Republic. 
 
We have access to Czech Republic Company Registry searches to find out who further background information on all Czech Republic companies. 

What is the debt collection process in Czech Republic? 

similar like in other countries; collection of interests and penalties is quite difficult 

Average length of time to collect a debt? 

The average time taken to recover a Czech Republic B2B debt collection case varies from case to case but typically takes 3-4 months in Czech Republic. 

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

Yes, fees can be added for Czech Republic debt collection cases according to local law but they are difficult to recover. 

Insolvency in Czech Republic 

Very well prepared and functioning insolvency law; possible to monitor online all details of running insolvency processes. 

Czech Business Credit Reports 

Creditreform provides over 88 million international business credit reports throughout Europe and 200 million international business credit reports worldwide. Total businesses registered in Czechia is over 400,000. Through our online databases you can download Czechia credit reports instantly. This 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. 

Czech Republic Skip Tracing Agents 

Creditreform’s debt collection company service also uses expert local Czech 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 the Czech Republic 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. Our local offices and partners naturally speak the same language as the debtors, know the local laws and specific procedures. They are also operating in the same time zone so are able to contact and liaise with the debtor at the best times of the day. Al these points enable us to achieve a far greater success rate. Also operating on a No Win No Fee basis together with competitive commission rates against monies recovered ensures you get the best quality service. 

Czech Republic Debt Collection Partners in the following Czech Republic Cities 

Which countries border Czech Republic? 

Czech Republic is bordered by Germany in the west, Poland in the north, Slovakia in the East and Austria in the south. 

Who are the main trading partners for Czech Republic? 

The main export markets for Czech Republic are Germany, Slovakia, Poland, France and United Kingdom
The top import countries for Czech Republic are Germany, China, Poland, Slovakia and Italy

What is the legal system in Czech Republic (Czechia)? 

The Czech Republic (Czechia) legal system is based on Germanic civil law. The new Civil Code of the Czech Republic was introduced in 2014. 

What is the name of the Government Gazette in Czech Republic (Czechia)? 

The Gazette in Czech Republic (Czechia) is called the Sbírka zákonů - Collection of Laws. 

What is the Supreme Court in Czech Republic? 

The Supreme Court of the Czech Republic is known locally as Nejvyšší soud České republiky. There is also the Constitutional Court of the Czech Republic, Supreme Court of the Czech Republic, Supreme Administrative Court of the Czech Republic. 

Czech Republic Debt Collection Agency FAQs 

1. How does a Debt collection agency in Czech Republic (Czechia) 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 Czech Republic (Czechia) 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 Czech Republic (Czechia) 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 Czech Republic (Czechia)? 

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 Czech Republic (Czechia) 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 Czech Republic (Czechia)? 

The reasons for using a local Czech Republic (Czechia) debt collection agency than processing from a different country is the debt collector in Czech Republic (Czechia) 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 Czech Republic (Czechia) debt collection? 

We will assess all debt cases, irrelevant of age and size and then advise the best processes to recover these through the Czech Republic (Czechia) debt collector. 

7. How do I instruct the debt collectors in Czech Republic (Czechia)? 

Instructing the debt collectors Czech Republic (Czechia) 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 Czech Republic (Czechia) debt collector? 

When instructing the debt collector in Czech Republic (Czechia) 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 Czech Republic (Czechia) 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 Czech Republic (Czechia)? 

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 Czech Republic (Czechia) 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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