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:
Mexico 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
Are in the same time zones
Herewith details of our debt collection service Mexico:
Location of debt recovery office in Mexico?
Mexico City. All debt collection letters are sent by the local head office.
Number of debt collection staff?
4 staff in Mexico. 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 Mexico?
We have been operating a North America debt collection service on a no win no fee basis in Mexico since 2013. Mexico 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 Mexico?
It depends on the kind of claim, generally after 5 years limitations may come in effect.
Mexico 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 Mexico is 4-5 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:
Mexico Open Account Years – 4 years
Mexico Promissory Notes – 3 years
Mexico Written Contracts – 4 years
Mexico Oral Agreements – 4 years
How EU (European Union) laws effect debt collection in Mexico?
None as such (for B2B collection)
Mexico signed a free trade agreement (FTA) with the European Union (EU) in 1997 and this has been enforced since 2000. Mexico is also part of a unique Free Trade Agreement between Mexico and the European Union (FTA EU-MX) which is a trade agreement between the European Union and Mexico. In 1997 Mexico was the first country in Latin America to sign a partnership agreement with the EU.
How many companies registries in Mexico for businesses (i.e. UK has just 1 central registry)?
Registries are local (on municipality level)
There is 1 central registry in Mexico which is called Business Information System of Mexico (SIEM) - Ministry of the Economy - Sistema de Información Empresarial Mexicano (SIEM).
We have access to Mexico Company Registry searches to find out who further background information on all Mexico companies.
There is no unified register in Mexico. Instead there are separate registers in 32 regions of Mexico (31 states and the capital, Mexico City):
Aguascalientes Public Registry of Property and Commerce of Aguascalientes
Baja California Public Registry of Property and Commerce of Baja California
Baja California Sur Public Registry of Property and Commerce of Baja California Sur
Campeche Public Registry of Property and Commerce of Campeche
Chiapas Public Registry of Property and Commerce of Chiapas
Chihuahua Public Registry of Property and Commerce of Chihuahua
Coahuila Public Registry of Property and Commerce of Coahuila
Colima Public Registry of Property and Commerce of Colima
Durango Public Registry of Property and Commerce of Durango
Guanajuato Public Registry of Property and Commerce of Guanajuato
Guerrero Public Registry of Property and Commerce of Guerrero
Hidalgo Public Registry of Property and Commerce of Hidalgo
Jalisco Public Registry of Property and Commerce of Jalisco
Mexico City Public Registry of Property and Commerce of Mexico City
Mexico State Public Registry of Property and Commerce of Mexico State
Michoacán Public Registry of Property and Commerce of Michoacán
Morelos Public Registry of Property and Commerce of Morelos
Nayarit Public Registry of Property and Commerce of Nayarit
Nuevo León Public Registry of Property and Commerce of Nuevo León
Oaxaca Public Registry of Property and Commerce of Oaxaca
Puebla Public Registry of Property and Commerce of Puebla
Querétaro Public Registry of Property and Commerce of Querétaro
Quintana Roo Public Registry of Property and Commerce of Quintana Roo
San Luis Potosí Public Registry of Property and Commerce of San Luis Potosí
Sinaloa Public Registry of Property and Commerce of Sinaloa
Sonora Public Registry of Property and Commerce of Sonora
Tabasco Public Registry of Property and Commerce of Tabasco
Tamaulipas Public Registry of Property and Commerce of Tamaulipas
Tlaxcala Public Registry of Property and Commerce of Tlaxcala
Veracruz Public Registry of Property and Commerce of Veracruz
Yucatán Public Registry of Property and Commerce of Yucatán
Zacatecas Public Registry of Property and Commerce of Zacatecas
What is the debt collection process in Mexico?
For foreign claims: focus on amicable collections (debt recovery letters, emails, phone calls), if no collections amicable, assessment if legal is an option. In practice, it is hardly ever recommendable to even consider going legal, given the complex legal system and the substantial costs involved
Average length of time to collect a debt?
The average time taken to recover a Mexico B2B debt collection case varies from case to case but typically the amicable collection process in Mexico takes 3-6 months.
Can late payment fees / interest to be added to claims?
Yes, fees can be added for Mexico debt collection cases but only if contractually agreed.
Details on legal service / process in Mexico?
Generally speaking, not recommendable to go legal in Mexico
Mexico 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 Mexico 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.
Creditreform’s debt collection company service also uses expert local Mexico 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 Mexico 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.
Mexico Debt Collection Partners in the following Mexican Cities
What is the legal system in Mexico?
The Mexico legal system is based on Napoleonic civil law.
What is the name of the Government Gazette in Mexico?
The Gazette in Mexico is called the Official Journal of the Federation - Diario Oficial de la Federación.
Who are the main trading partners for Mexico?
Which countries border Mexico?
What is the Supreme Court in Mexico?
The Supreme Court for Mexico is called The Supreme Court of Justice of the Nation (Suprema Corte de Justicia de la Nación (SCJN).
Mexico Debt Collection Agency FAQs
1. How does a Debt collection agency in Mexico 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 Mexico 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 Mexico 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 Mexico?
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 Mexico 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 Mexico?
The reasons for using a local Mexico debt collection agency than processing from a different country is the debt collector in Mexico 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 Mexico debt collection?
We will assess all debt cases, irrelevant of age and size and then advise the best processes to recover these through the Mexico debt collector.
7. How do I instruct the debt collectors in Mexico?
Instructing the debt collectors Mexico 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 Mexico debt collector?
When instructing the debt collector in Mexico 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 Mexico 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 Mexico?
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 Mexico 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.