History

East-West Debt: a new approach to debt recovery

It was in the early Nineties that a small group of Dutch and Belgian economists, councillors and bankers realised that conventional one-dimensional approaches to debt recovery in emerging markets and political risk countries were ineffective, or worse, terribly flawed. The standard procedure of just obtaining verdicts proved not to be enough to ensure payment by debtors. Assets were hard to find and difficult to attach. Furthermore, litigation could prove detrimental to future business endeavours in emerging markets.

That is why the founders of East-West Debt decided to approach debt recovery in a fresh, innovative manner. Assessing each claim on its specific merits, we devise a comprehensive approach to a successful recovery. This strategy has resulted in a healthy, growing enterprise and we are proud to say that the founders are still active in the company. Apart from the head office in Antwerp, East-West Debt has offices in The Hague and London.