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Global Credit Solutions - International Debt collection, credit report, business information, risk management and global investigations service
* Please click on the countries listed above to view a "Country Profile".
To find out more about a country's: Population, economic overview, general business practices, and more, simply click on the country of your choice.
EG: Debt Collection Credit Report US
Economy Overview:
The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $40,100. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. (read more...)
General Business Practices.
- The main language is English and this is used in all court proceedings.
- The US dollar is the monetary unit used in United States.
- There is no professional etiquette to follow in business proceedings. (read more...)
Collections
Collections agencies will usually send a serious of letters followed by several telephone calls to the debtor. If the amount of claim is in excess of $100,000 personal contact is made with the debtor.
Most agency's will forward accounts to attorney's for further processing if they are not successful. Attorneys will attempt to collect the outstanding debt amicably, then will advise of further recommendation which may include a law suit or closing of the file if the amount is regarded as uncollectible. (read more...)
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