DEBT COLLECTION IN SPAIN

CIS Debt Recovery Solutions is an international law company which provides its services worldwide. Please, note that we can offer you the following spheres: individual amicable debt collection, international commercial debt litigation and arbitration, international enforcement of judgments, legal structuring of international corporations. Consequently, we are in a position to help you to solve any issue regarding your problem debt in B2B.

It should be mentioned that Spain's economy is the 5th largest in the European Union (in terms of nominal GDP) and 12th in the world. Spain is an industrial country, one of the largest economies in Europe and the world. At the same time, the Spanish economy is experiencing serious difficulties which are national debt, low unemployment etc.

Despite the mentioned above, we would like to pay attention to the statistics. Thus, total import to Spain amounted to USD 329 billion in 2020. Compared to 2019, import of goods decreased by USD 45 billion (in 2019, goods worth USD 375 billion were imported to Spain). This situation has risen due to numerous crises worldwide and nationwide in Spain. However, the import was really huge.

Specifically, during 2020 the primary countries with which Spain has trade activity were (this is about not only import, but outbound as well): France with a share of 15.4% (USD 48 billion); Germany with a share of 10.8% (USD 33 billion); Italy with a share of 7.5% (USD 23 billion); Portugal with a share of 7.25% (USD 22 billion); Great Britain with a share of 6% (USD 18.7 billion) etc.

Hence, the Spanish customers keep buying the goods all around the world. Moreover, we suppose that the import will increase permanently. This is considering the fact that the severest crisis regarding the pandemic of COVID-19 has already left.

Our agency has successfully solved numerous debt collection cases in Europe. By virtue of this fact, we have an outstanding and brilliant practice that allowed us to develop our own approach in collections.

Thus, we are aware of any nationwide, legal and cultural peculiarities. It helps us to make our strategy in negotiations and litigations in a way to return your money within the shortest possible time.

Additionally, we have a plenty of cases that have been successfully collected in Spain and closed by our agency. Please, note that it is really possible for us to proceed with a research of the debtor's company, prepare for the negotiations and convince the person to make the payment even after the first conversation regarding the repayment.