EL COBRADOR DEL FRAC SA

Founded in 1980, El Cobrador del Frac SA is a debt recovery company based in Spain. Its business model is centered on the out-of-court collection of unpaid debts on behalf of its clients (creditors). The company is famous for its distinctive and high-pressure collection tactic: dispatching an agent dressed in a formal tuxedo ("frac" in Spanish) to publicly follow the debtor at their home or workplace, thereby creating social pressure to compel payment. This method, while recognized for its effectiveness, has also been the subject of significant legal and public scrutiny over the years.