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 Liberia 

Liberia is divided into 15 counties with the capital and largest city being Monrovia. Our local office is in Monrovia so we are centrally located to recover debts throughout all of Liberia. 

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 English is spoken by the majority 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 Liberia 

7 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: 

Liberia 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 Liberia: 

Location of debt recovery office in Liberia? 

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

Number of debt collection staff? 

Eight (8). 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 Liberia? 

We have been operating an African debt collection service on a no win no fee basis in Liberia for over 20 years Liberia 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 Liberia? 

Seven (7) years in Liberia. 
 
Liberia 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 Liberia is 7 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 Liberia? 

Legitimate foreign debt adjudged abroad maybe enforceable through Liberian Courts. 
 
Liberia is in discussions over a free trade agreement (FTA) as part of The Economic Community of West African States (ECOWAS or CEDEAO in French) which included 16 African states together with the European Union (EU) in 2014. This is referred to as the Economic Partnership Agreement between the ECOWAS and the European Union. The other ECOWAS member states are Benin, Burkina Faso, Cape Verde, Ivory Coast, Gambia, Ghana, Guinea, Guinea-Bissau, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone and Togo

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

There is 1 company registry in Liberia which is called The Liberian Registry - The Liberian International Ship and Corporate Registry (LISCR) / The LISCR Trust Company located at 80 Broad Street, Monrovia, Liberia, West Africa. 
 
We have access to Liberia Company Registry searches to find out who further background information on all Liberia companies. 

What is the debt collection process in Liberia? 

Court Action of Debt is taken. Twenty-five percent (25%) payment is required upfront and the remainder is divided into 12 equal payments to be spread over a 12 month period. 

Average length of time to collect a debt? 

The average time taken to recover a Liberia B2B debt collection case varies from case to case but usually up to 1 year for Liberia. 

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

Yes, fees can be added for Liberia debt collection cases according to local law. - 6% with other penalties. 

Details on legal service / process in Liberia? 

Service is personal. If Corporation or Business, then on an officer or director. 
 
Debt action is brought through the county’s debt court or through the National Commercial Court. 

Liberia 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 Liberia 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. 

Liberia Skip Tracing Agents 

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

Liberia Debt Collection Partners in the following Liberian Cities 

What is the legal system in Liberia? 

The Liberia legal system is based on Anglo-American and customary law. 

Who are the main trading partners for Liberia? 

The main trading partners for Liberia are China, European Union, USA and Ivory Coast

Which countries border Liberia? 

Liberia is in west African and is bordered by Sierra Leone, Guinea and Cote d'Ivoire

What is the Supreme Court in Liberia? 

The Supreme Court for Liberia is called 'The Supreme Court of Liberia' which was established in 1839. 

Liberia Debt Collection Agency FAQs 

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

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 Liberia 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 Liberia? 

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

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

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

Instructing the debt collectors Liberia 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 Liberia debt collector? 

When instructing the debt collector in Liberia 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 Liberia 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 Liberia? 

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 Liberia 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.