Expansion into the USA

Successful expansion into the USA and spectacular debt collection

MB Inkasso & Erm. GmbH, one of the leading debt collection companies in Germany, continues its global expansion into the USA. Our expertise in international debt collection recently led us to a dramatic case in Sarasota, Florida, where a German businessman needed help after a failed real estate purchase.

The story began harmlessly: Our client, a well-known entrepreneur, fell in love with a beautiful property while on vacation in Florida and spontaneously decided to buy it. The purchase price was quickly negotiated, and as soon as he returned to Germany, our client transferred a high six-figure sum to the seller without involving a lawyer or a title company to secure the deal - a serious mistake.

Shortly after moving in and completing the first renovations, there was an unexpected knock on his door: the bank in Sarasota had appeared and informed him that the seller had put a mortgage on the property that was still unpaid. His dream of owning his own vacation home was shattered when he was given 48 hours to vacate the property.

After returning to Germany, our client initially tried to take legal action through a German law firm, but the situation became difficult from there. In his distress, he turned to us, MB Inkasso & Erm. GmbH, and asked us to take quick and targeted action. We contacted the debtor without delay - but received no response. A personal visit on site became unavoidable.

However, the first visit was the start of an exciting twist: the debtor, who had obviously been informed of our arrival, fled in a hurry - along with his dog and his boat. But we persisted and made a second visit, during which we were finally able to catch him. In order to avoid the threat of a prison sentence for fraud and embezzlement, the debtor was now prepared to register a mortgage on his private house in our favor. This meant that our client was safe and the money was secured.

Within six months, we were able to recover our client's assets by selling the property. But this case is a clear appeal: When it comes to international transactions and business in foreign countries, it is advisable to rely on the support of MB Inkasso & Erm. GmbH in advance. We recommend that our clients conduct their business with experienced professionals in order to avoid expensive surprises and ensure smooth transactions.