Debt Collection Legal Services

Our Firm has the responsibility to ensure that our clients will claim in full the amount owed to them and the procedure is always conducted within set time limits and with constant reminders. A letter of demand will be sent to the person or the corporate body that owes money to our client and we will then follow through the whole procedure until the full amount is recovered.

We have the advantage of the firm’s in-house legal teams and an established network of local partners throughout the world, who can provide our clients with the most accurate and valuable assistance and advice.

Our experienced debt collectors and professionals use all the conventional collection procedures, and are particularly knowledgeable of the business environment and practices. Debt collection managers use their negotiation skills to obtain payment proposals and are usually able to find acceptable debt collection solutions to disputes or misunderstandings that may exist between the relevant parties. Our priority is that the debt is collected in the most time efficient way and with the least costs possible. We therefore seek to avoid litigation wherever possible. In many cases we will collect the debt within just weeks by merely sending a simple letter of claim. Debtors generally take a letter of claim coming from a lawyer more seriously than any letters or correspondence from the creditors themselves. Many debtors want to avoid legal proceedings against them and will be willing to settle out of Court their financial obligations.

Issuing Court proceedings is the last resort when the debtor is not willing to settle his debt without the need for litigation. Our lawyers will advise the client as to whether it is worth going to Court and the realistic chances of success in Court and collection of the debt. In such a case, if the client decides to issue Court proceedings against the debtor after all other efforts have failed, within a few days we will file the claim at the Court. In some cases we consider it appropriate to file an interim order against the debtor’s immovable property or freeze his accounts. Through experience it has been noted that during the Court proceedings there is always a possibility of settlement without the need to go for a hearing.

In the case that the debtor should refuse to pay even after the issuance of a Court judgment against him, the following procedures can be used in order to execute the Court judgment:

  • Issuance of writ of immovable
  • Issuance of writ of movables
  • Issuance of writ of delivery
  • Bankruptcy proceedings

Garnishee proceedings

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