Whether a business suffers from a bad debt due to another business or is it an individual who does pay off the outstanding amount, the damages worsen if the debt remains unpaid for a longer time. Therefore, there is a need for a debt collection lawyer to get your money back.
We are providing legal services to assist you in debt collection Romania with the help of our associate. Irrespective of the part of the country you are living in, you can get legal services in Bucharest, Timisoara, Brasov, Sibiu, Constanta, Iasi, Oradea, Sighisoara, Arab, and Turda.
Customized Services for International Debt Collection
To deal with Romanian and the non-nationals debtors, one must follow the general code of conduct other legal policies associated with their matter. Not only this, but you will have to deal with a different trade culture and payment norms of the country when dealing with debtors.Experts from our associate debt collection agency can speak the Romanian language. They will help you communicate with the non-paying clients to claim your debts. You can get customized services and legal consultancy for dealing with the payment behavior of clients as:
- Invoice for the term of payment is issued for 30 days
- Multinational in Romania always delay the payments
- Reminders are issues on the payment term of 14 days
No Win No Fee Debt Recovery Romania
We offer a No Win No Fee policy in the case of failed debt recoveries. Our associate legal attorneys try every possible way to get your money back. However, in unfavorable circumstances, if they fail to recover your outstanding debts then you will be relieved from their service charges.
The Process of Debt Recovery Romania
The procedures of debt collection Romania is divided into two phases. The first phase does not involve court procedures whereas the second is followed by a lawsuit against the debtor. You can chase any of them as our associate debt collection experts will always assist you:
- Extrajudicial Debt Collection
We assist you with the help of our associate debt collection lawyer to carry out the extrajudicial procedure for recovering outstanding debts in Romania. They will assist you throughout the way of getting your money back by amicable settlement. Following is the way our associate legal attorneys recover your debts:
- Contacting the debtor to inquire about delayed payments
- Sending written demand letters to claim the overdue debts
- Carrying our negotiation meeting between debtors and creditors
- Announcing legal proceedings against the debtor
Most often, announcing legal procedures in the extrajudicial phase of debt recovery Romania speeds up the collection. It is due to the fact that legal charges can damage the debtor repute so they try to avoid these issues and try paying the creditor as per negotiated terms.
- Judicial Debt Collection
In the case of debtors and creditors belonging from EU member states, European order for payment proceedings is used but only for undisputed debts. For disputed debts, our associate debt collection agency advises ordinary civil proceedings when filing a lawsuit against the debtor.The debt collection Romania is handled by the court when a creditor takes legal actions against them with the help of a legal representative. The legal entities complete the paper on your behalf. They ensure that all your rights are granted as per the rules and regulations of the state.