Debt Collection in Denmark
Debt Collection in Denmark
Since 2004, Federal Management has helped UK businesses recover money from debtors located all over the world. We are widely accepted as the leading solution for international debt collection services.
Our proven and effective service has recovered millions of pounds worth of unpaid debt for thousands of businesses in the UK. Many of these required a solution for debt collection in Denmark.
Are you owed money from a debtor in Denmark? Has your Danish client withheld money for goods and services you have provided? If this is the case, our international debt collection solution can recover your money.
Debt Collection Agency in Denmark
There are many reasons why a client in Denmark may withhold payment. Regardless of this, it is important to act as quickly as possible. Doing this ensures that your business’s cash flow remains strong, and your company is not out of pocket.
Many businesses will aim to resolve this internally, chasing the debtor through phone calls and emails. This unfortunately usually proves to be unsuccessful, as any attempts to contact a determined debtor fall on deaf ears.
Sadly, many debtors will go to almost any length to avoid paying what they owe. In the case of debtors who reside in a foreign country, they often believe themselves to be immune from any consequences.
The United Kingdom and Denmark have always had a good trading relationship. In 2020, $3.03 billion worth of UK exports were sent to Denmark. Some examples of what this consisted of includes machinery, electronics, vehicles, plastics and fuels.
Inevitably, there will always be payment issues that occur with such a high level of trade. Debt Collection in Denmark is a common issue for companies that do business on an international scale.
Recovering debt from Denmark requires expert knowledge and a deep understanding of Danish debt recovery laws. Whilst there are standard business practices and etiquette that are normal for UK businesses, things are different in Denmark.
Denmark has its own unique laws and regulations regarding the enforcement of debt. As well as this, European Union laws may also factor into debt collection cases.
Understanding these differences, as well as elements such as having access to a native speaker, is vital to success.
Debt Collection in Denmark – Instructing Federal Management
Are you owed money from someone in Denmark? Is your business facing another unpaid invoice from a client overseas?
Federal Management provides a fully comprehensive and professional international debt recovery service. Every step is taken to ensure that the case is resolved amicably, and the money owed is recovered.
Ending the matter properly helps businesses to benefit from the increased revenue provided by future opportunities.
If your business is struggling with debt collection in Denmark, speak with our friendly debt experts now.
Debt Collection in Denmark – Frequently Asked Questions
How long can I chase a debt in Denmark?
In Denmark, there is a limitation period of up to 3 years for chasing and enforcing a debt. This is set from the original due date of the agreement.
What type of debts can be recovered from Denmark?
All types of debt can be enforced from a non-paying client in Denmark. This includes both private and commercial debt collection. If you need assistance with recovering your debt, speak to one of our debt recovery experts now.
How much does debt collection in Denmark cost?
The cost of debt enforcement can vary from case to case. Each one is unique and no two are alike. Federal Management operates on a commission basis, starting from as little as 8%. For more information and a price on your debt, speak with us now.
What is the process for collecting debt in Denmark?
Every debt collection agency has its own debt recovery process. Federal Management provides a fully comprehensive service that delivers a low cost and effective solution. Our global network of trusted debt collection partners enables us to recover money from virtually anywhere in the world.
Can Federal Management recover a debt in Denmark?
Yes, Federal Management has helped UK businesses recover owed money from debtors in Denmark since our origins. Our average debt recovery rate is 90% and above on all undisputed business debts.