Atradius Collections Releases International Debt Collections Handbook Covering Debt Collection Practices Across 42 Countries

Amsterdam (ots/PRNewswire) - Atradius Collections releases the 10th
edition of the International Debt Collections Handbook, explaining
the different stages of amicable settlement, laws around collections,
legal proceedings and insolvency procedures in 42 countries. Two new
countries were included in this edition: Indonesia and Croatia.

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No business is immune to the risks associated with international
trade. Wherever trade occurs on credit, which according to the
Atradius Payment Practices Barometer 2016 accounts for over 37% of
transactions in Europe, there is the risk of late payment or even
non-payment. The poor payment behaviour coupled with the diversity
and complexity of country specific debt collections procedures,
legislation and cultural approaches can be challenging for companies
worldwide. As more than 42% of the foreign B2B sales in Europe were
reported to have been made on credit, it is inevitable that some
collection cases will end up being processed in court or even filed
via insolvency proceedings.

When it comes to legal proceedings, there are considerable variations
from one country to another. The handbook will prove especially
useful to organisations lacking in-house resources in international
collections or credit management. This in-depth information can help
businesses make better decisions and take necessary measures
beforehand, to minimise potential future risk.

About the International Debt Collections Handbook

Since its launch, the International Debt Collections Handbook has
established itself as a key tool supporting businesses in making
their decisions concerning collections in foreign countries.
International debt collection and country specific legal systems
create challenges that can affect every business. Rudi De Greve,
Global Operations Director at Atradius Collections stated: "The
handbook consists of information gathered by local experienced
collectors and lawyers, making it a trusted international debt
collections navigator."

The International Debt Collections Handbook is available at:
www.atradiuscollections.com

About Atradius Collections

Through a presence in 25 countries, Atradius Collections provides
trade invoice collection services in 96% of the countries across the
world. Its wide breadth of services, ranging from first party to
legal collections, helps companies around the globe recover unpaid
invoices. Atradius forms part of Grupo Catalana Occidente (GCO.MC),
one of the leading insurers in Spain and worldwide in credit
insurance.

www.atradiuscollections.com

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