Debt collection

Difficulties in recovering money owed is one of the most serious problems of modern entrepreneurs. If the amount owed is significant, problems with its payment by the debtor may translate into loss of financial liquidity and even lead to the liquidation of the enterprise. Therefore, in certain situations, there should be no delay in debt recovery and entrust the recovery of the debt to specialists.

Every debt collection process begins with a pre-court request for payment of the debt. If the debtor still refuses to fulfil the monetary claim or simply continues to fail to do so, the legitimacy of taking the matter to court is assessed. A final order for payment or a judgment adjudicating the claim, obtained as a result of court proceedings and accompanied by an enforcement clause, constitute an enforceable title entitling to initiate enforcement proceedings conducted by a bailiff.

Debt collection is therefore a complex processwhich seeks to recover money owed by a debtor, which the debtor is in no hurry to pay, despite the obligation to do so. The reasons for this may vary: from the debtor's financial problems to his business strategy. Regardless of the reason for the delay in payment, however, it is worth taking the appropriate steps as soon as possible, which will lead to the enforced recovery of the debt.

All the more so as every claim is subject to a statute of limitations over time. For example, business-related claims are time-barred after three years.

The effect of the expiry of the limitation period is the risk that the litigation opponent may raise a plea of limitation, which the court must take into account. This results in the dismissal of the action and thus in the impossibility of further enforcement of the claim by way of bailiff enforcement.

Thanks to many years of experience lawyers, chancelleries can offer a wide range of debtor recovery services.

At each stage of the debt recovery process, they are mindful of minimising the costs incurred by their clients in enforcing the debt and are vigilant about the advisability and legitimacy of the actions taken by the bailiff. Each time we take certain recovery activities are consulted with clients.

As part of the activities aimed at the recovery of claims law firm offers:

Recovery services are provided either on an ad hoc basis - on the basis of one-off support for a specific debt case - or on the basis of a permanent cooperation agreement - both in terms of debt collection only and also covering ongoing legal services.