Problem to get paid from customers in Ireland?

The need for help with debt collection in Ireland is great. In a survey made by SFA (Small Firms Association) in Ireland, the result showed that only 8% of the invoices sent by small firms are paid in time, and 58% of the participants stated that more than half of their customers regularly pay late. As you can see, there is a great chance that you will someday need help with debt collection in Ireland if you do business there.. The best way to collect debt from a customer in Ireland that doesn’t pay is to get help from an Irish debt collection agency.

Choosing a debt collection agency in Ireland

Just like in debt collection in England, there are a number of debt collection agencies in Ireland to choose from. We recommend Cashflow Management Limited and their collection department, Redmond Johnson that has 30 years of experience from debt collection in Ireland and Northern Ireland. They are also members of the European Collectors Association, ECA.

Debt collection in Ireland – step 1: summons to pay

When a debt collection agency receives a case from one of its customer for a debt or unpaid bill, the collection agency sends a summons to pay to the debtor. In the letter, the debtor is informed that the collection agency will take legal action if the debt is not paid in ten days.

Debt collection in Ireland – step 2: validating the debt

If no payment is received or any other agreement made within the ten days, it is time to proceed in the debt collection procedures by validating the debt in court. The debtor then has yet another opportunity to pay or contest the debt. If he does the latter, the case goes to court.

Debt collection in Ireland – step 3: seizure

When the debt has been validated in court, there are different ways to collect the debt, for example seizure and selling of the debtor’s property. Money generated this way is then used to pay the debt or unpaid bill.