International Debt Recovery
International Debt Recovery, while different from domestic recovery, is a vanguard service offered by Morgan, Cohen & Bach (“MCB”) geared to meet our clients' ever changing needs.
In the technology age, business is constantly evolving and MCB has adapted to remain at the forefront of protecting our clients' interests by providing services other firms simply cannot.
The European Council (EU), World Trade Organization (WTO), and others have acknowledged that companies are intentionally delaying payment in commercial transactions where payment is due to international parties - believing they’re minimal risk of recourse from those international vendors. The statistics speak for themselves as these governing bodies show the prevalence of this issue is negatively affecting liquidity and is causing significant damage to companies engaged in international trade, not to mention, adverse effects on economies as a whole.
In the technology age, business is constantly evolving and MCB has adapted to remain at the forefront of protecting our clients' interests by providing services other firms simply cannot.
The European Council (EU), World Trade Organization (WTO), and others have acknowledged that companies are intentionally delaying payment in commercial transactions where payment is due to international parties - believing they’re minimal risk of recourse from those international vendors. The statistics speak for themselves as these governing bodies show the prevalence of this issue is negatively affecting liquidity and is causing significant damage to companies engaged in international trade, not to mention, adverse effects on economies as a whole.
Over the years, our members have acquired the international resources to combat losses that arise from international trade. While many concepts may be the same, the tools required to perform aspects worldwide collections are unique. MCB’s international recovery department is trained to use these specialized tools needed to pursue recovery of your money anywhere.
- Access 24/7 to 130 languages via interpreters.
- Worldwide Government relationships.
- Procedures to handle off hour contact with International accounts.
- Existing contacts within US Embassies/Consulates to register complaints.
- Highly Skilled Network of International Attorneys.
- The ability to report companies to the US Department of Commerce and International Trade Commission.
