Debt Collection Belgium - Cedar Financial

Debt Collection Belgium

A Trusted Recovery Solution in Belgium

Collecting a debt in Belgium 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 Belgium 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 Belgium, 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 Belgium

We are the uncontested Belgian market leader in international debt collection, meaning that we understand the problems specific to trans-national trade and know how to avoid or solve such problems. We are the only debt collector in Belgium providing in-house field collectors that work in a professional manner and are trained for such task.

It costs nothing to hire our services, as we operate on a "no win no fee" basis. You only pay once we are successful in retrieving your outstanding debts.

We have a minimum about of $1,000 for a onetime placement.

We manage and handle all kind of debt; Commercial (Corporations) debts as well as Consumer (Individuals) debts.

Depends on the type of business and the claim amount. Usually 3 months.

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.

General rule is 10 years for contracts, 5 years for non-contractual obligations.

Yes, we utilize field agents in our normal collection process.

Minimal info is required such as name and address of debtor, debt detail to begin work on the claim. We do require the necessary documentation to be submitted upon first request.

Yes, we have in-house legal staff. But for the actual court case, we need to appoint a listed attorney. We manage all this for you after having provided you with an indication of costs. We also first check the apparent debtor solvency before to propose court action.

If the underlying contract provided for a fixed charge and interest, then these can be added to the principal amount.

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