First Collector Company Starts Its Activity In Armenia

FIRST COLLECTOR COMPANY STARTS ITS ACTIVITY IN ARMENIA

ArmInfo.
2009-12-17 14:04:00

ArmInfo. The first collector company, represented by Restitutor K.P.

LLC, starts its activity in Armenia, the Company’s press service
reports. The company renders services on collecting of bill receivable
and return of credits. Restitutor K.P. is the only company in Armenia
which carries out complete legal activity on protection of human rights
and interests of creditors, minimization of their financial risks and
assurance of a balanced activity, basing on the current legislation.

To note, a collector agency is a company engaged in collecting of an
overdue and troubled debt. The first collector agencies were created
as subsidiaries and were engaged in debts only. Specialized collectors
started to actively appear in the open market comparatively recently.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS