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IGK Group/Russia
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   Debt collection and indemnification procedure
  Debt collection and indemnification Procedure

Invoice issuing date

The payment date

Notification of overdue account
30-45 days

Debt collection period
4-6 months
/ \
The debt is recovered The debt is not recovered
Client receives the money Application for indemnification
Indemnification (claim payment)
within 30 days

There are about 500 bankruptcies in the “old” ES countries …
…1 bankrupt - every 3 minutes …

IGK AG Germany
Tel. 371 67186999
office@igk-group.com
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