Debt Collection
Our experts analyse the enforceability of receivables, conduct checks on debtors and their assets, prepare and negotiate agreements on debt recognition and repayment schedules, and send pre-litigation demands.
We also advise on and prepare additional security instruments, including guarantees, assumptions to debt, mortgage agreements, and bills of exchange. In cooperation with notaries, we draw up notarial deeds with consent to direct enforceability.
Furthermore, we prepare and file applications for electronic payment orders and bills of exchange payment orders, as well as actions for performance. In securing claims and monetising a debtor’s assets, we work closely with appraisers, real estate agencies, notaries, bailiffs, and auctioneers. We are highly efficient in debt collection while strictly adhering to ethical standards, fully aware that our clients’ reputation is of fundamental importance.
Who are our clients?
Companies and entrepreneurs
Our specialists support companies in collecting trade receivables from partners and customers. We prepare strategies for fast and effective collection, represent clients in court and in out-of-court negotiations, and ensure legal protection of their financial interests.
Funding entities
Our lawyers represent banks, leasing companies and investors in the recovery of unpaid liabilities and receivables. We perform legal due diligence of receivables, prepare contractual security and represent clients in court, execution and insolvency proceedings.
Private individuals
We perform lustrations of debtors and their assets in registers. We prepare and send pre-litigation summonses and negotiate agreements on the recognition and payment of debt. We prepare security documents according to the needs of clients. We propose the fastest and most effective strategies for the recovery of a specific claim and represent clients in court proceedings.
Legal services provided
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Enforceability analysis – legal assessment of the existence of receivables and their practical enforceability, risks, statute of limitations, default interest and contractual penalties, assessment of the effectiveness of the costs incurred, and estimate of the expected time required in individual stages of the proceedings
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Extrajudicial enforcement – preparation of pre-litigation summonses, reminders, acknowledgement of debt, repayment schedules and agreements on repayments or settlements
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Strategic consulting – optimisation of recovery costs, setting up procedures for quick and maximum satisfaction of claims
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Internal processes – strategic recommendation for setting up internal processes, including procedures in the soft collection and work-out department, and preparation of restructurings
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Securing documentation – surety statements, debt recognition agreement, mortgage agreements, receivables assignment agreements, collateral transfers of ownership, bills of exchange, insurance encumbrances, setting contractual penalties, preparation of notarial deeds with permission for direct enforceability
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Proposals for enforcement orders – proposals to initiate enforcement proceedings, communication with bailiffs, monitoring of procedural deadlines, ongoing lustration of the debtor and his assets in registers, legal support during enforcement proceedings
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International recovery – cross-border claims, European payment order and legal support in the monetisation of assets abroad
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Insolvency proceedings – designing a strategy in insolvency proceedings, processing insolvency proposals, legal support in insolvency proceedings, negotiations with insolvency administrators, filing claims and representation at meetings of creditors' committees, incidental actions
Contact us
+420 770 636 005