The 8th Edition of the International Debt Collection Handbook Now Includes Chile, Ukraine and South Africa

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AMSTERDAM, June 25, 2014 /PRN=KYODO JBN/ --

    Today Atradius Collections releases the new edition of the International

Debt Collection Handbook explaining the different stages of amicable

settlement, financial regulations around collections, legal proceedings and

insolvency procedures. The handbook is useful for credit managers confronted

with the diversity and complexity of country-specific debt collections, now

covering 38 countries, including Chile, Ukraine and South Africa.

    International debt collection and country-specific legal systems create

challenges that affect every business. The International Debt Collection

Handbook has proven to be an invaluable, highly demanded product for

decision-makers in the collections and credit management industry. It gives

readers an overview of foreign debt collection practices at country level. Rudi

De Greve, Global Operations Director at Atradius Collections, explains: "The

amicable collection route should always be the preferred option, however,

taking legal actions is sometimes required. In either case, the key is to

respect local ethics and the law. Only with local expertise can businesses

ensure they are following a professional and successful approach."

    With insolvency levels peaking in many countries, selecting the right

approach to debt collection has become an even more important factor for

maintaining cash flow. Moreover, payment delays are common and insolvency risks

remain high, both negatively impacting cash flow. A complex payment procedure

in many cases results in foreign payment delays.

    As a global market player, Atradius Collections acknowledges the importance

of understanding local needs and being able to operationalize at a local level

as the key to successful debt collection. Therefore Atradius Collections is

planning on expanding its geographical reach into new markets, strengthening

its global market position.

    About the International Debt Collection Handbook

Since its launch in 2008, the International Debt Collections Handbook has

undergone constant update and expansion to provide decision makers with the

most recent information. Rudi De Greve, Global Operations Director at Atradius

Collections: "The handbook consists of information gathered by local

experienced collectors and lawyers, making it a trusted international debt

collections navigator."

    The full International Debt Collection Handbook is available for download

at

http://www.atradiuscollections.com/global/updates-publications/international-debt-collections-handbook.html

    About Atradius Collections

    Atradius Collections, a business unit of Atradius Group, provides

efficient, quick and flexible solutions to recovering domestic and

international trade debts. With 20 offices and an extensive network of

collections specialists and lawyers worldwide, Atradius Collections serves more

than 14,500 customers. Over 85 years of global credit management industry

experience uniquely positions Atradius Collections as a worldwide leader in

business-to-business trade invoice collections services. Please visit

http://www.atradiuscollections.com for more information.

    Further information:

    Iris Graatsma

    Iris.Graatsma@atradius.com

    Telephone: +31-20-553-3139

    http://www.atradiuscollections.com

    http://www.linkedin.com/company/atradius-collections

    http://www.twitter.com/AtradiusCollect

    SOURCE: Atradius Collections