Article
BRAZIL’S DEBT COLLECTION INDUSTRY – IT’S NO CARNIVAL
30.04.2011
Octávio Jose Aronis is one of the leading figures in Brazil’s debt collection industry. In this interview, Mr. Aronis shares his insights on the present and future of Brazil’s debt collection industry.
UKRAINE'S DEBT COLLECTION INDUSTRY? YES, THERE IS ONE!
30.01.2011
Vitaly Shevel is one of the leading figures in Ukraine's burgeoning debt collection industry. In a country that has seen a free market system in less than a generation, debt collection is becoming an indispensable support structure to the Ukrainian economy. In this interview, Mr. Shevel shares his insights on the present and future of Ukraine's debt collection industry.
BEN WONG – GCS HONG KONG’S FOUNDER SURFS THE DEBT COLLECTION WAVES OF CHANGE
29.01.2011
Over the past 25 years Ben Wong has led the development of the Hong Kong credit & collection industry. His insights into how Hong Kong’s debt collection industry has been changing over the past 25 years are an indispensable read for all those who are involved in international collections.
Turkish GCS partner, introduces pre-legal debt collection to foreign creditors in their country
04.11.2010
Debt collection as financial service is a totally new business sector in Turkey. Until recently, payment issues were either being settled after lengthy Court procedures, or solved behind closed doors with a personal settlement. Consultancy companies did not at all play any role and pre-legal collection has never been an option to foreign creditors. At the same time, due to increasing internationalization of Turkish companies and exceptional economic growth of the Turkish economy, the total value of foreign accounts payables has been rising steadily.
GLOBAL DEBT COLLECTION
29.10.2010
By: Bar el Yaron, advocate
Global Credit Solutions, Israel
During this article I will discuss the debt collection possibilities in every corner of the world, excluding only countries like Somalia, Zimbabwe and other countries in the third world.
The GCS corporation, of which our office is the Israeli partner, specializes, among other things, in debt collection around the world and employs over 3,000 staff in more than 85 countries around the world. Among GCS clients are governments, banks, insurance companies and leading global corporations.
NEIL WOOD – FROM AUSTRALIA TO ZIMBABWE, THE SPIRIT BEHIND THE GLOBAL DEBT COLLECTION INDUSTRY
22.10.2010
Neil Wood, Managing Director of Global Credit Solutions Group shares his view on development of global debt collection business. Interview by Steven Gan.
Global Legislation For Debt Collection
30.08.2010
Michael N Collyer
General Manager of Global Credit Solutions
Attitude to debt has changed over the years from days of old in the middle ages when people were thrown into jail for debt until they paid, to modern attitudes in some countries that have decreed that debtors need to be protected from creditors. In many countries now debt does not carry the stigma that it did before. Attitude to debt therefore depends on the culture, law, traditions, and attitude all of which will be different in each country. Just as different countries dress differently and speak differently so their laws are different and their attitudes are different and it is this difference in approach to debts and debtors that presents the greatest problem to collecting international debt.
Investigations in Ukraine
19.07.2010
The most popular investigator’s job within the Ukraine is in checking of adultery and tracing of missing persons. Clients will also often ask an investigator to conduct enquiries about telephone, e-mail or ICQ taps, installation of secret cameras and bugs, tracing of cell-phone locations, however reputable Ukrainian investigators will refuse to handle such cases, because to do so is totally illegal.
Credit report. How to check the client?
19.05.2010
When we analyze the economic situation globally today it is easy to come to the conclusion that some years ago businessmen, who had a profitable company and good prospects, had little if any idea about future crucial changes that would impact on them financially.
How to get you debtor pay to you?
01.05.2010
When we lend money we do not think indebtedness may happen. But when the debt is not paid you are faced with the question of how to get your money back.
Credit Report Ukraine
01.04.2010
Credit reports are verification of your credit history, financial reliability and stability as well as the information of directors, shareholders, trade, mercantile background, financial data, operations and offences. Credit report contains information about your credit card accounts, loans and items of public record such as bankruptcies, tax liens, and judgments. There are few companies in Ukraine who provide credit solutions. Credit report Ukraine is not providing information only to Ukrainian companies but also to the companies in any country of the world. Your credit reports are maintained by credit reporting agencies, also known as credit bureaus and provided to lenders, employers, insurance companies, landlords and other companies who have a valid requirement of this information.
Ukrainian collection business gets on edge
16.03.2010
Last 6 months Ukrainian debt collection business was developing very quickly and dramatically but mainly still in the sphere of debt collection of consumer debts.
MEDITATION & ARIBITRATION PLAYS EVER IMPORTANT ROLE.
09.03.2010
The increasing use of mediation and aribitration to resolve disputes between organisations from multiple countries, and the subsequent failure of some arbitration rulings involving very large sums of money, is leading to an increasing number of cases being placed with investigation companies with an international reach and capability.
DEBT COLLECTION IN DEVELOPING COUNTRIES. CIS – UKRAINE.
28.05.2009
The Ukrainian debt collection industry was only in its formative stages when it met the challenges of the world financial crisis in the middle November 2008. The collapse of the world’s banking system, high and rising unemployment and the subsequent panic led to rapidly increasing bad loans portfolios of up to 20%, with 30% of bad debts being a critical line for the Ukrainian banking system.
