Debt collection can be seen as a difficult task for many businesses. Yet there are many companies worldwide, which struggle with it. When it comes to the collection of payments for bills many B2B companies tend to resolve the matter on their own when in reality they should enlist corporate debt collection services to receive help from professionals.
Bulgaria, just like other countries in Europe, has always had a good payment culture. As a rule, Bulgarian businesses
are always on time with the payments. Nevertheless, there are still a significant number of companies, which struggle with the collection of debts from a business. In general, there are two ways of debt collection in Bulgaria: companies can recover the money in court or hire a B2B debt collection agency to carry out the task.