Are you tired of requesting your Austrian debtor to return your overdue payment? The increased number of businessmen investing in Austria leads to the differences in cultures of how they work. Dealing with people from different ethnicity involves lawful grounds that non-legal entities do not understand.
Our associate debt recovery lawyers provide services in the top 10 cities of Austria including Vienna, Innsbruck, Graz, Linz, Salzburg, Klagenfurt, Eisenstadt, Bregenz, Villach, and Wiener Neustadt. The experienced legal entities are capable of dealing with the debtors legitimately.
Suggestions about how to deal with Austrian Debtor
There must be some financial crisis as debtors fail to pay your money on time. However, in the other case when they try to escape without any logical reason, you should take precautionary steps. Measures you can follow to get your money back from debtor include:
- Contact the borrower and ask for the reason behind overdue payments
- Send regular reminders by clearly mentioning the invoice details
- State the due date for outstanding payments in the reminder
Hire Legal Attorneys for Legislation and Trade Customs
Lawyers providing services from our associate debt collection agency Austria are well-aware of the local laws. They are experienced in recovering payments as per the commercial traditions of the region. They follow the cultural rules to deal with local and international debtors to make them pay on time.
Debt Recovery Process in Austria
Getting overdue payments back is a time taking task especially when you are unaware of the legislation associated with your matter. Our associate law firms are thus available to assist you in legal matters. Hand over your issues to legal entities and let them manage the documentation for case proceedings.
Debt recovery in Austria from international and local citizens is usually divided into two stages. One involves the court invention whereas in the other ones payments are recovered without leading the matter to court. Detailed information about debt reimbursement procedures includes:
· Extrajudicial Debt Collection
The extrajudicial debt collection phase does not involve the court proceedings to recover the outstanding money. Legal entities contact the debtor on the client’s behalf to demand the overdue payment. Our associate debt collector arranges a meeting between client and debtor to negotiate on easy payment plans.
Using out-of-court collection procedures is the priority of lawyers when dealing with Austrian debtors. However, if the debtor fails to pay back the money at the specified time, then lawyers are allowed to take legal actions. Announcing legal proceedings make them pay faster to avoid liabilities.
· Judicial Debt Collection
In the judicial debt collection process, lawyers are inclined towards following the lawful procedures by claiming the debt amount in court. Whether the debtor failed to pay back the debt or he did not clear the service invoice, they will have to go to court to record their statement.
Debt collection agency Austria also follows European order for payment proceedings except for Denmark. They assess the nature of your dispute and check for the possibilities of whether this process is applicable or not. This procedure for payment recovery is helpful when both parties belong from EU states.
Get Benefit from No Win No Fee Plan
For debt collection Austria, our associate lawyers are dedicated to providing every possible solution to recover your unpaid invoices. In case they fail to do so, you will not have to pay their service fee under the No Win No Fee policy. It is devised to ease stressed creditors in case of failure