Debt Collection Colombia

A Trusted Recovery Solution in Colombia

Collecting a debt in Colombia can seem impossible. Language and cultural barriers, foreign laws and customs, and sheer distance all impose serious challenges.

Debt recovery is simpler when you use a collection agency fluent in the laws and customs of the country where the debtor resides. Cedar Financial offers on-the-ground representatives in Colombia who understand the debt collection practices that work to support full recovery of your funds.

Since 1991, Cedar Financial has served as a trustworthy, nationally licensed debt collection agency, helping businesses collect unpaid accounts internationally. With knowledge of collecting debts in a wide range of different industries, our experienced team collects your debts quickly and effectively so you can receive the payments you're owed.

With offices in over 150 countries, including Colombia, working with Cedar Financial provides you access to a global network of nationally licensed debt collectors. Our in-depth understanding of local laws, customs and cultures guarantees the best possible debt mediation results.

Comprehensive, People-First Help

At Cedar Financial, we put people first, doing everything we can to get your money back while still preserving a good relationship with your customer. Our strategic public relations efforts are fair, nut firm-ensuring your reputation is our top priority!

We combine a people-oriented approach with the latest tech-driven solutions to drive results and provide better contact management. This comprehensive method gets the results you need while preserving customer relationships.

In addition, our network of debt collectors, attorneys, suppliers and vendors are cherished relationships that allows us to get the job done. We value each of these relationships, no matter how small or large.

Contact us today and learn what we can do for your business.

Frequently asked questions for Colombia

We have exceptional international claims recovery experience and outstanding recovery results. We are focused and committed to servicing all clients' needs.

We work on a "No Collection - No Fee" basis so we will not charge a fee if we recover no money for you. That principle applies to pre-legal debt collection only.

With our international business we do not set a minimum number of accounts, but do set a minimum value of debt at USD 500.00 per account.

We specialize in commercial debt collection but we also have the ability to service consumer collection accounts.

The average process takes approximately 4 months if there are no disputes. Claims are normally closed within 6 months if legal action is not pursued.

First, a demand letter is sent, followed by many telephone follow up calls and finally a personal visit when required if practical. We will continue to follow up on the account and attempt to resolve the matter with additional letters and phone calls.

Average statute of limitation is 3 years for invoices and bills of exchange.

Yes, we are able to make a personal visit to the individual or company in most major cities.

Yes, debtors normally ask for supporting documents so it saves a lot of time if they're provided upon placement.

Yes, we are able to offer litigation. We will first propose the reasons why litigation is the best option for recovery and will preset estimated costs and timeline to the client.