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6. sep 2010
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I need to collect debt in Greece, what do I do?

To collect debt in another country, like Greece or other European countries like France or Spain, can be a hard task, especially if the customer that owes you money is in a difficult economic situation. When collecting debt in Greece, the problem is not only to convince the customer to pay your invoice first, you also have the problem that the customer speaks another language and is from a different culture. To overcome these difficulties when collecting debt in Greece, a good advice is to hire a Greek debt collection agency. A debt collection bureau is expert on debt collection in Greece and knows how to recover debt as effectively as possible.

Find the right partner to work with when collecting debt in Greece

For debt collection in Greece to be as effective as possible, meaning that the customer pays his debt, it is important that you select the right debt collection agency to work with. In Greece, debt collection is mainly run by law firms, for example George Y. Yiangou & Co. Ltd and Demetrios A. Demetriades and Co. Both these law firms are members of ECA, the European Collectors Association.

Debt collection in Greece

The debt collection procedure in Greece is similar to that of most of the European countries in that the Greek debt collection agency first sends a summons to pay to the customer. After that, the debt collection agency contacts the customer by phone to try to convince him to pay. If the customer still doesn’t pay his unpaid bills or debt, the next step in debt collection in Greece is to take legal action to collect the debt.



Copyright 2010 European Collectors Association.

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