The company’s goal is to consolidate all activities permitted by Bulgarian legislation and related to debt recovery from natural and legal persons in arrears of varying periods.
The mission of the company is geared towards abiding by moral and ethical standards in carrying out activities of negotiations and conclusion of agreements with our partners’ clients who have financial difficulties or are temporarily insolvent.
In recent years, we have established ourselves as a reliable partner of financial institutions, utility companies, and other legal entities, offering quality, speed, and adequate solutions. The strict guidelines which we have adopted for communication with our partners’ clients have allowed us to place the company at a level which is above the general standard in the debt recovery sector, as well as to gain the respect of the people we communicate with on a daily basis.
HistoryAgency for Control of Outstanding Debts OOD was established in 2012. The company is a successor of Recovery Services Ltd., which dates back to 2008. Agency for Control of Outstanding Debts operates in the field of overdue debt recovery.
After the restructuring, we added new services for our clients and we have adopted the current ethical standards which are widely used in most socially responsible companies.
During September 2018, our company's business grew, and the same stepped into another market. Our company in Romania retains its name and the same is called the Agency for control of outstanding debts S.R.L, with headquarters and seat in Bucharest, sector 5, Boulevard Tudor Vladimirescu 22, The Green Gate office building, office 526, register 02, floor 5. The management team is also preserved and the two managers of the Company - Mr. Nedelcho Spassov and Mr. Tervel Kanchev will manage and represent the Company in Romania.
Its main activity and mission is to develop opportunities for a more accessible market in the field of debt recovery in neighbouring Romania, and all good practices created and operating in Bulgaria will be preserved. Of course, the same will be in line with the economic context and peculiarities of the local business model. We believe that this will be the first step towards a stable network of corporate offices across Europe and why not globally!
In 2011, we took part in the 'Let’s make Bulgaria a better place to live because together we can achieve more’ initiative, organized by 3T Supplies and Business Park Sofia. Our help reached the St. Ivan Rilski Home for Children Deprived of Parental Care (HCDPC) in the village of Razliv, as well as the HCDPC in the village of Draganovo, and the St. Nikolay Orphanage at the Holy Trinity Monastery in the village of Novi Han.