Debt Collection Articles

Essential Tips for Using a Professional Debt Collection Agency in Frankfurt

You've probably tried a few methods to collect your outstanding debts, but none of them have yielded the desired results. You're not alone. In fact, companies large and small often struggle to collect debts from customers located overseas.

But there is hope. There is a professional debt collection agency in Frankfurt that can help you get the money you're owed, quickly and efficiently. Here are some essential tips to keep in mind when working with a professional debt collector:

  1. We use a variety of methods to collect the debt, including letters, emails, phone calls, and even personal visits.
  2. We will work with you to create a plan of action customised to your specific needs and situation.
  3. We have extensive experience and expertise in international debt recovery services.
  4. We can provide you with regular updates on the progress of the collection campaign.
  5. We are fully licenced and insured, so you can rest assured that your interests are always protected.
  6. Our agency offers competitive rates and payment plans that will fit within your budget.
  7. Our debt collection agency has offices in Frankfurt, Germany and can provide services in English and German.
  8. You can count on us to get the job done quickly and efficiently, so you can focus on running your business.

Steps Taken by a Debt Collection Agency in Frankfurt

When you hire a debt collection agency in Frankfurt, they will take a number of steps to collect the debt.

First, they will assess the situation and identify the debtors. They will then contact the debtors and try to reach an agreement on payment. If this is not possible, the debt collection agency will take legal action.

Here are some key facts about Frankfurt that you should know:

  • Frankfurt is the financial centre of Germany and one of the largest financial centres in Europe.
  • The city is home to a number of major banks and financial institutions.
  • Frankfurt is also a leading centre for trade and commerce.
  • The city's main industrial activities include automotive manufacturing, pharmaceuticals, and aerospace engineering.
  • Our debt collection agency has been operating for 25 years and has a proven track record of success.

5 Economic Facts About Frankfurt, Germany

Frankfurt is the financial centre of Germany and one of the world's leading financial centres. The city is home to the European Central Bank, the Frankfurt Stock Exchange and the Deutsche Bank.

Some other key economic facts about Frankfurt:

-The city is the second-largest exporter in Germany, behind Berlin.

-The main industrial activities in Frankfurt are banking and finance, logistics, insurance, media and high-tech companies.

-The unemployment rate in Frankfurt is below the national average.

-Frankfurt has a very low crime rate.

-The city has a very high quality of life.

5 Historical Facts About Frankfurt, Germany

For centuries, Frankfurt has been one of the most important commercial and financial centres in Europe. Here are five historical facts about this fascinating city:

  1. Frankfurt was founded in the 8th century as a Roman settlement.
  2. The city played a key role in the Holy Roman Empire.
  3. Frankfurt was a major centre of trade and banking in the 18th and 19th centuries.
  4. The city was bombed heavily during World War II.
  5. Frankfurt is now a major international financial centre.

If you're looking for a city with a rich and fascinating history, you'll definitely want to consider Frankfurt!

Main Industrial Activities in the City of Frankfurt, Germany

Frankfurt is home to Germany's largest stock exchange, the Frankfurt Stock Exchange. It is also the financial centre of Germany and one of the most important economic centres in the European Union. There has been a long history of industry in Frankfurt and it is home to several large companies, including Deutsche Bank and Commerzbank, two of the world's oldest banking institutions. The city also has a strong manufacturing sector, with many companies producing auto parts, medical equipment and electronics. Additionally, there are numerous innovative start-ups based in Frankfurt, ranging from technology to finance. As a result, Frankfurt remains a hub for business activity in Europe and beyond.

Benefits of Hiring a Professional Debt Collection Agency in Frankfurt

Hiring an experienced and reliable debt collection agency to help you recover your unpaid business accounts is a great way to increase the chances of successful debt collection. A professional debt collection agency can provide a number of benefits, including:

  • Knowledge and experience in local laws and regulations. An experienced debt collection agency such as Intercol, which has been in business for over 25 years, will understand the local laws and regulations and have the necessary contacts to ensure that you get paid as soon as possible.
  • Well-trained staff with multiple language skills. Intercol’s team of multilingual debt collectors are native speakers of the countries in which they work and are therefore able to effectively communicate with the debtor in their own language.
  • A comprehensive debt collection software suite with powerful features. Our software can send mass emails, letters and text messages with ease, while also providing live online access to our debt collection notes, full financial reports and client area charts. This makes it easier to keep track of your debts at any time.

These are just some of the benefits that come from hiring a reliable professional debt collector like Intercol. Working with us means you can rest assured that your business accounts will be recovered quickly and efficiently, allowing you to focus on other important tasks for growing your business!

FAQs on Using a Debt Collection Agency in Frankfurt

You may have questions about using a debt collection agency in Frankfurt and the steps they will take to collect the debt. Our professional debt collection agency follows a rigorous and proven procedure when collecting debts.

The process usually starts with amicable collection, meaning that our debt collectors try to contact the debtor in question by sending emails, letters, text messages, etc., in order to get a response from them. If they don't respond to these attempts, then we will proceed with legal collection. This involves filing a case against the debtor in court in order to get a ruling that forces them to pay their debt.

Once the court ruling has been made, we will be able to use enforcement mechanisms such as asset seizures or wage garnishments in order to secure payment from the debtor. This is an effective and efficient way for you to recover your unpaid accounts without any risk or expense on your part.


If you're looking for a professional debt collection agency in Frankfurt, our 25 years of experience make us the perfect choice to get your money back. We have a high success rate in collecting debts worldwide, and our team of experts will help you get back on your feet financially.

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