Debt Collection in Pakistan
Do you have a business customer in Pakistan who is not paying you back? We can help you with fast and efficient local and international debt collection in Pakistan. You can be up and running in just a moment. Read on to see how!
Collecting debts from customers in other countries can be frustrating.
We know how frustrating and difficult it can be to get a customer in another country to pay an overdue invoice. If you are in a different country from the debtor, you don’t know how to put pressure on the debtor. In Pakistan, Pakistani rules and customs apply to the collection process, so you, as a creditor, will need the help of a Pakistani debt collection specialist to get paid. At Oddcoll, we have created the right conditions for international businesses through a global debt collection platform, partnering with the best local law firms and debt collection agencies worldwide.
Our local debt collection agency in Pakistan will initiate collection actions on the spot.
We are pleased and proud to introduce “ICIL Pakistan”, our local collection partner on the ground in Pakistan.
-Could you briefly describe your company?
ICIL is Pakistan’s premier debt collection agency, with offices in over nine commercial cities across Pakistan, staffed by full-time debt collectors. Our debt collectors are familiar with debtors’ mentality and have extensive experience successfully collecting debts for various creditors across different sectors.
Our edge over other collection agencies lies in the synergy of our operations; when it comes to an assertive approach towards debtors, our product/service range becomes pivotal. On the one hand, we are armed with a credit bureau that reports trading defaults, and on the other hand, we are the largest provider of credit reports to most banks and financial institutions. Both factors play a vital role in exerting pressure on unwilling debtors. This is further enhanced by our reach both globally and locally. We are also an Approved ACA Member (The Association of Credit and Collection Professionals, USA).
-Can you give us an overview of the collection process in Pakistan?
We have vast experience in Debt Collection and have been in business since 2006. We have expertise in the specifics of the local market and professionalism in dealing with both consumer and commercial debt, which allows us to serve our clients without limitations.
We first send a Letter of Demand Notice to the debtors and wait for their response. If we do not get any response, we call the debtors. If no phone numbers are available, we will send a reminder to the debtor. If the debtor still does not respond, we visit them at their address, meet with them, and ask them to pay the debt. If we exhaust all efforts to collect the debt amicably, we submit our final report and ask/propose that the client take legal action. Our Firm provides these legal actions.
Judicial debt collection in Pakistan
The Pakistani legal system builds on the common-law tradition introduced by the British colonial power. When the country became independent in 1947, it was considered easier and better to build on the existing legal system rather than develop its own. In some areas, however, the Pakistani system has developed in a different direction from the British.
In addition, Islam has influenced the development of the Pakistani legal system since 1947. Parts of Islamic Sharia law have been incorporated into Pakistani law, and a Federal Sharia Court (FSC) has been established. The Court examines whether a law or legal provision is contrary to the injunctions of Islam. If it finds that it does, steps are taken to amend the law so that it conforms to Islam. In addition, the Court has exclusive jurisdiction to hear appeals against certain criminal judgments.
The courts:
Pakistan’s judiciary is a hierarchical system with two classes of courts:
The superior (or higher) judiciary:
- Supreme Court of Pakistan
- High Courts of Pakistan
- Shariat Court
The subordinate (or lower) judiciary:
- Civil Courts – första instans civilrättsliga fall.
- Criminal Courts
- Special Courts and Tribunals
The Supreme Court and High Courts are established under the Constitution. The other courts are established by Acts of Parliament or by Acts of Provincial Assemblies. The higher judiciary comprises the Supreme Court of Pakistan, the Federal Shariat Court, and the five High Courts. There is a High Court in each of Pakistan’s four provinces and a High Court for the Islamabad Capital Territory.
According to the Constitution of Pakistan, the mission of the higher judiciary is to preserve, protect, and defend the Constitution. The subordinate judiciary consists of district courts for civil and criminal matters. In addition, several specialised courts deal with specific legal issues, such as banking, insurance, customs and excise duties, and more.
Where do I turn for my Pakistani debt recovery case?
As mentioned, Pakistan has four provinces. The provinces are divided into districts. Each district has a district court, which has jurisdiction to hear the majority of civil cases brought to the Court (debt-collection cases against private subjects in Pakistan).
Under the district court, there are civil courts. Civil judges work under the supervision and control of the district judge, and all civil cases originate in these courts. Judgments from a civil judge can be appealed to district judges, and decisions from a district judge can, in turn, be appealed to the High Courts.
We help you with fast and successful debt collection in Pakistan. Get started today or contact us if you have any questions.