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:
Russia 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.
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 Russia:
Location of debt recovery office in Russia?
Moscow. All debt collection letters are sent by the local head office.
Number of debt collection staff?
We have 14 employees in Moscow office with 175 employees in total in all offices. 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 Russia?
We have been operating a European debt collection service on a no win no fee basis in Russia since 2010. Russia 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 Russia?
The general limitation period is 3 years staring from the moment when a Creditor became aware of or should have become aware about the violation of his right.
Russia 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 Russia 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:
Russia Open Account Years – 3 years
Russia Promissory Notes – 3 years
Russia Written Contracts – 3 years
Russia Oral Agreements – not valid in Russia
How EU (European Union) laws effect debt collection in Russia?
It depends on a particular case. For example, the parties to the contract could chose governing law and agree how and where the disputes will be resolved. These factors have a substantial influence on debt collection process in Russia.
There is currently no Free Trade Agreement that have been signed or any ongoing negotiations between Russia and European Union.
How many companies registries in Russia for businesses (i.e. UK has just 1 central registry)?
There is only one register which include all the registered companies and private entrepreneurs. However, there are a lot of other registers which provides various types of information.
There is 1 central company registry in Russia which is called Federal Tax Service – Unified State Register of Legal Entities located at 127381, Moscow, Neglinnaya str., 23, Russian Federation.
We have access to Russia Company Registry searches to find out who further background information on all Russia companies.
What is the debt collection process in Russia?
As a rule we the collection process includes following steps:
conducting a conflict check;
analysing available documents and information;
checking the contact information / finding additional contacts;
contacting a debtor with a proposal to resolve a dispute at a pre-trial stage. Please note that we send debt recovery letters, e-mails, make calls as well as onsite visits in the CIS countries;
discussing and signing repayment schedules, if necessary;
controlling all stages of repayment process.
Average length of time to collect a debt?
The average time taken to recover a Russia B2B debt collection case varies from case to case. In depends on each particular files. Some debts could be collected within a few weeks, other within months or even years. The following factors have a key influence of length of time to collect: availability of documents confirming the debt, amount of debt, nature of the debtor, financial conditions of the debtor and factual ability to repay the debt etc.
Can late payment fees / interest to be added to claims?
Yes, if such late payments fees / interest were stipulated by the agreement between the parties or by law, governing the relations. Russian law stipulates an interest to be paid for late payments.
Details on legal service / process in Russia?
Dispute resolution is one of our key practices. Our lawyers are known for their successful experience in resolving complex disputes in arbitration courts and courts of general jurisdiction.
Among other things, we provide the following services to our clients:
Determination of strategy and tactics of client interest’s protection in a court.
Development of the client’s legal position in litigation proceedings, including the analysis of practical application of law by a specific court and higher courts.
Evaluation of the case prospects considering the possible legal positions of the parties.
Performing a wide range of legal actions according to the client’s interests, including the search and preparation of evidence, drafting procedural documents (lawsuits, statement of defense, appeals, amicable agreements, statements on the adoption of interim measures / preliminary interim measures) and their submission to the courts.
Representation of a client in the courts in all instances.
Legal support of enforcement proceedings.
Recognition and enforcement of decisions of foreign courts in Russia, as well as decisions of Russian courts abroad.
Russia 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 Russia is over 16 million. Through our online databases you can download Russia business 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.
Creditreform’s debt collection company service also uses expert local Russia 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 Russia 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.
Russia Debt Collection Partners in the following Russian Cities
Who are the main trading partners for Russia?
Which countries border Russia?
What is the Supreme Court in Russia?
The Constitutional Court of the Russian Federation (Конституционный суд Российской Федерации) which was established on 12th July 1991 and is located in Saint Petersburg.