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foreign collections
Domestic business within the United States is the mainstay of a vast majority of CLLA members. However, the increasing globalization of trade makes it important for all lawyers and other collection industry members to know at least a little about how collection work is handled in other countries to manage expectations and identify problems before they arise. Clients and creditors may think that it is just as easy to collect a debt in another country as it is in the United States - but that is rarely the case.
As always, local representation can be key to successfully collecting debt in another country. However, Brazil-based attorney Dr. Rafaele Turkienicz offers insight on international practices in this issue's Q&A.
1 Are there any problems with a U.S. claimant pursuing a claim against a debtor in your country?
Absolurely. The complainanc, company or induscry chac has credics co be charged in Brazil should immediacely seek his counsel in Brazil and share all relevanc information needed to pursue chis claim.
Brazil's laws are very scricc for chose who do not comply or pay bills. Considering che good relacionship beeween the U.S and Brazil, I'm currently often approached by large groups who want to review their credits in Brazil.
2 The outstanding invoices are in dollars. Can the claim...