Debt Collection Switzerland - Cedar Financial

Debt Collection Switzerland

A Trusted Recovery Solution in Switzerland

Collecting a debt in Switzerland 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 Switzerland 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 Switzerland, 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, 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.

Frequently asked questions for Switzerland

We are specialists in the field of the complex Swiss debt collection law. Switzerland has 26 different Cantons with 4 official languages and we cover all of them. In Switzerland, we have an out of court legal collection system which we ourselves can cover from the start to the end. Should the debt be disputed by the debtor, court procedure is inevitable and for that we have partner lawyers in every region who are specialized in the very diversified debt collection laws in the various Cantons. We offer efficient, individual and personal service to all our clients.

We work on a no success, no fee basis. Should legal procedure be necessary, the client is informed about the costs beforehand.

There is no minimum number of placements required, however we do have a minimum value of a single placement at $50.

We service all types of debts, B2B as well as B2C.

Our amicable debt collection process takes approximately 7 weeks. In many cases the contact information provided is no longer valid. This requires more skip tracing which causes the process to take much longer.

The debtor is contacted by various letters, emails and phone calls. We first try to negotiate with the debtor. If amicable attempts are fruitless, we inform the creditor about the possibilities of legal procedure.

Statute of limitation of a debt here in Switzerland is 5 – 10 years, depending on the nature of the debt.

Unfortunately, no. We do not provide this service at this time.

Yes. We need complete documentation concerning the debt (invoice copies, contracts, judgments, etc.)

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