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 Laos 

We cover all 17 provinces and the 1 prefecture in Laos. Our local office is in Vientiane so we are centrally located to recover debts throughout all of Laos. 

3. Local Experience 

Unlike many of our competitors all cases are handled by the local office or partner. The official language in Laos is Lao, however half of the population speaks ethnic minority languages. The local partner will be able to communicate with the debtor in their local tongue. 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 Laos 

There is no statute of limitation in Laos, 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: 

Laos 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 Laos: 

Location of debt recovery office in Laos? 

LLC Bldg, Nongbone Road, Ban Nongbone, Saysetha District, P.O.BOX 925, Vientiane, Lao PDR. 
All debt collection letters are sent by the local head office. 

Number of debt collection staff? 

Several 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. 

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

We have been operating an Asia debt collection service on a no win no fee basis in Laos for over 10 years. Laos 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 Laos? 

Laos 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 varies in Laos. Once a 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 Laos? 

Not applicable in Laos. 
There is currently no Free Trade Agreement that have been signed or any ongoing negotiations between Laos and European Union. 

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

There is 1 company registry in Laos which is called Ministry of Industry and Commerce, Lao PDR - ກະຊວງອຸດສາຫະກຳ ແລະ ການຄ້າ ແຫ່ງ ສປປ ລາວ and NED - National Enterprise Database located at Phon Xay Rd, P.O.Box 4107 Vientiane, Lao People’s Democratic Republic. 
We have access to Laos Company Registry searches to find out who further background information on all Laos companies. 

What is the debt collection process in Laos? 

The best process of debt collection is to resolve by an amicable out of court method. This is initiated by an introductory debt recovery letter and followed by intense communications via email or telephone. Site visits can be made where necessary 

Average length of time to collect a debt? 

This will all depend on the size, nature and age of the b2b debt collection case and whether there are any known disputes. Straight forward cases can be resolved with one month but can take up to 12 months. 

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

Yes, fees can be added for Laos debt collection cases according to local law but not always recoverable. 

Details on legal service / process in Laos? 

The legal system is based on the French processes 

Laos 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 Laos 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. 

Laos Skip Tracing Agents 

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

Laos Debt Collection Partners in the following Laos Cities  Luang Prabang Debt Collection Agency Pakse Debt Collection Agency Vientiane Debt Collection Agency  

Which countries border Laos? 

Laos is bordered to the north by China, to the east by Vietnam, to the south by Cambodia, to the west by Thailand, and to the northwest by Myanmar

Who are the main trading partners for Laos? 

The top import and export trade partners for Laos are China, Thailand, Vietnam, India, Japan and South Korea

What is the name of the Government Gazette in Laos? 

The Gazette in Laos is called the Lao Official Gazette - chod mai hed thang lad thakan aehng s pp lav (ຈົດໝາຍເຫດທາງລັດຖະການ ແຫ່ງ ສປປ ລາວ). 

What is the Supreme Court in Laos? 

The Supreme Court for Laos is called 'The People's Supreme Court of the Lao People's Democratic Republic' which is the highest body of judicial power in Laos. 

Laos Debt Collection Agency FAQs 

1. How does a Debt collection agency in Angola 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 Laos 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 Laos 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 Laos? 

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 Laos 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 Laos? 

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

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

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

Instructing the debt collectors Laos 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 Laos debt collector? 

When instructing the debt collector in Laos 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 Laos 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 Laos? 

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 Laos 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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