Debt management

The aim of debt management is to settle overdue debts as quickly as possible. If the debtor does not pay their outstanding, overdue debt, it is advisable, with the assistance of an attorney and prior to litigation, to issue a payment notice, and if that proves unsuccessful, to initiate order-for-payment proceedings. Also request the help of our experienced attorneys in settling your enforcement and compensation matters. 

One possible way of recovering a claim is to send an attorney's demand letter. This must set out the exact details of the claim on the basis of the evidence supporting it, which may be a contract, an invoice, written exchanges of messages, etc. If this does not lead to a result, your attorney may initiate order-for-payment proceedings.

Order-for-payment proceedings may also be initiated independently of the above; their essence is the fast and cost-effective recovery of smaller debts. It is a civil non-contentious procedure which, likewise for overdue monetary claims, may be initiated before a notary at the initiative of a natural or legal person.