Debt Collection India
Collecting a debt in India 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 India 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 India, 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.
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, but 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.
We are Professional, Ethical and Cost effective. We have vast experience in the Indian legal system and high success rate in amicable recovery. Having accumulated vast experience over two decades, we are proud to be recognized as one of the most professional companies in our vertical in the. Our advisory panel consists of senior lawyers who are practicing in the various High Courts and the Supreme Court of India and have specialized in various branches of law, particularly commercial law.
Our collection efforts on pre-legal basis are 100% on No Recovery - No Fee basis, i.e. you will not incur any charges until we recover payment for you.
The minimum acceptable amount for a one-time placement is $1,000.
Our core expertise is on commercial (B2B) recovery. However, we also handle B2C for many of our international clients.
Our Minimum case assignment period for amicable recovery is 6 months. Many cases take longer.
- Initial Investigation/Background check on the Debtor - Telephonic contact and Follow up over telephone calls and emails - Issuance of In-house Demand /Legal Notice if required - Physical visit if required (wherever possible) - Rigorous Follow up with the debtor - If amicable recovery fails, we offer litigation services at a nominal cost.
As per Indian Limitation Act, the limitation period of a commercial debt is 3 years from the due date of the Invoice, Date of written Acknowledgement of the debt or Date of payment received (if any) on an invoice, whichever is later.
Yes, we do.
Yes, we would require all supporting documents relative to the claim. This could include; Purchase Order / Agreement, Statement of Accounts, Invoices, Proof of delivery of service/ goods and finally any correspondence with the debtor.
Yes. We offer full litigation services.
We would definitely demand collection fees but recovery is not always possible. On legal interventions, on Court's discretion, there may be allotment of minimal interest. Normally collection fees are not allotted by the Courts
