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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 Ethiopia 

Ethiopia is divided into 9 regional states and 2 chartered cities one of which is the capital city Addis Ababa. Our local office is in Addis Ababa meaning we are centrally located to recover debts throughout all of Ethiopia. 

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 the case of Ethiopia the most widely spoken are Oromo by 33% and Amharic by 29% of the population. These are reasons why Creditreform are the ideal people to help you in collecting debts from overseas. 

4. Statute of Limitation in Ethiopia 

10 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) 
Or ask us to call you – just leave us your details: 

Ethiopia 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 Ethiopia: 

Location of debt recovery office in Ethiopia? 

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

Number of debt collection staff? 

Four 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 Ethiopia? 

Twenty years. 

What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)? 

Principally Business debt collection as we have no specialization in consumer debt collection but we have proceeded to court on behalf of a client. 

Statue of Limitation in Ethiopia? 

10 years for contractual debts 

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

It does not 

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

There is a federal registration for all trading business and there is a comprehensive commercial code regulating businesses. The Ministry of Trade is the main registry organ, however,, foreigners go through the Investment Commission for any registration. 
General comments regarding process in Ethiopia for debt collection and how differs from UK / other European countries: 

What is the debt collection process in Ethiopia? 

Either consensual or judicial, if an individual chooses judicial then collection will be made using judgment of a judge and the execution department of the court. 

Average length of time to collect a debt? 

If it is through court then that will depend on the work load of the courts. The current average of length of a court case in Ethiopia right now is two years. 

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

Yes, however it depends on the court judgment. The court may rule with or without the interest. 

Details on legal service / process in Ethiopia? 

Only licensed or authorized individuals can bring the case to court, However, the judgment creditors can also bring their case before the court then the court after hearing both sides and evaluating evidence will give judgment and instruct the executive organ to implement the judgment. 

Ethiopia 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 Ethiopia 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. 

Ethiopia Skip Tracing Agents 

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

Ethiopia Debt Collection Partners in the following Ethiopia Cities: 

What is the name of the Government Gazette in Ethiopia? 

The Gazette in Ethiopia is called the Federal Negarit Gazeta. 

Which countries border Ethiopia? 

Ethiopia is boredered by Sudan in the west, Somalia and Djibouti in the east, Eritrea in the north and Kenya in the south. 

Who are the main trading partners for Ethiopia? 

The main trade markets for Ethiopia are Saudi Arabia, USA, UAE and Israel

Ethiopia Debt Collection Agency FAQs 

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

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 Ethiopia 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 Ethiopia? 

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

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

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

Instructing the debt collectors Ethiopia 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 Ethiopia debt collector? 

When instructing the debt collector in Ethiopia 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 Ethiopia 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 Ethiopia? 

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? 

You can send unlimited debt case instructions. Our systems will automate volume cases to meet your requirements. 

13. What are my options if debt collection in Ethiopia 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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