In the context of cross-border economic exchanges, situations of non-receipt of invoices from external business partners may arise. Often, the long distance between the parties or the fact that the dispute has to be brought before a foreign court are causes that discourage the recovery of such claims.

In order to support the creditor, we take the necessary steps to recover these debts by identifying and applying the most efficient procedures, specific to each case. We verify the debtor and his assets, formulate requests or actions to obtain a European enforcement order and forward it to the competent authorities in the debtor's country of residence for enforcement.

In this procedure we are also helped by contacts established over time with lawyers and executors abroad.

We use the most appropriate legal means to cause or compel the debtor to pay, such as:

  • Drafting and sending notices / summons to the debtor;
  • Conducting negotiations and reaching mutual agreements;
  • Drafting and support of claims / actions in court - common law action, order for payment, claim for reduced value, European order for payment, application for opening insolvency proceedings;
  • Making applications for securing measures - seizure or attachment;
  • Cancellation of asset transfers made by the debtor in fraud of the creditor;
  • Formulating requests for enforcement on the basis of enforceable titles and following the enforcement procedure until the creditor collects the debt.

Advantages of outsourcing the debt recovery process:

  • Increase debt collection rate - prompt action by a debt collection lawyer will discipline the relationship with business partners and make them meet their payment obligations when due to avoid additional costs;
  • You get rid of the hassle of debt recovery proceedings - you can concentrate on your current activities (sales, investments, marketing, etc.);
  • Reduce costs - reduce or even eliminate your debt collection expenses (office space, salaries, software, etc);
  • Benefit from our experience - we use tailored procedures depending on the specific situation and our experience in this field helps us to identify the most appropriate working methods for each case;
  • We offer complete services - we cover both the amicable phase and the judicial and foreclosure phase, until the actual recovery of the debt, without additional costs for the Client;
  • We make use of our network of collaborators - the contacts we have formed over time both in Romania and abroad facilitate our work in the Client's interest, with direct consequences in increasing the efficiency of the procedure and reducing costs.
Picture of Florentin Grecu
debt recovery attorney

Florentin Grecu

Main areas of expertise: insurance claims, criminal law, misdemeanor law, debt recovery, civil law, administrative-fiscal law, litigation and arbitration.

Services in the field of debt recovery procedure:

  • Preliminary analysis of the debtor's situation and communication to the Client of the chances to recover the debt;
  • Establishing the working strategy for each individual debtor/category of debtors and discussing this proposal with the Client;
  • The mutual phase - involves sending notices or demands for payment, invitations to mediation, telephone discussions and direct meetings with the debtor or his representatives in order to induce him to make payment or enter into a payment commitment;
  • The judicial phase - the formulation of actions and requests in court - actions based on common law, payment orders, requests for the establishment of security measures, requests for the opening of insolvency proceedings, requests based on European normative acts, ensuring the representation of the Client's interests before the court;
  • The execution procedure in order to enforce the enforceable titles - the formulation of the request for execution and other requests or actions specific to this stage, namely the securing of the Client's interests before the court executors or other authorized entities, including abroad, until the recovery of the debt from the debtor.
Need legal representation?
Turn to our foreign debt recovery lawyer.