Nartea & Partners Law Office advises and supports in civil and commercial debt collection.

“Do you have outstanding invoices?
“Do you have debtors who do not pay their debts to you?
“Do you have a CEC or a promissory note that are refused for payment?
“Do you have a contract that was not respected?

Our lawyers deal with all types of debt collection. Debt collection services pursue for instance, loans not repaid on time, money due under lease contracts or as a result of provision of services, closing of property translative legal documents (eg. Contracts of sale), amounts due for brokerage services and commissioners etc.

STAGES OF THE RECOVERY OF CLAIM PROCEDURE

  1. The debtor will be identified, contacted and notified of debts, of the consequences of not paying on time and, in case of existence of titles, foreclosure proceedings will begin. This stage also includes the information proceedings on the debtor’s solvency.
  2. Opening of court proceedings for obtaining executive titles and the actual retrieval by means of specific enforcement procedures.

STEPS OF DEBT COLLECTION PROCEDURE

Our team of attorneys keeps in touch with debtors through a mutual agreement procedure involving:

  • investigation of the debtor’s solvency, of his assets;
  • investigation for the identification of partners and company administrators, telephone discussions, notifications, direct meetings.

In 90% of cases this method proved to be more effective than resorting to enforcement services.

DEBT COLLECTION BY LITIGATION PROCEEDINGS

If, in a non-judicial phase of the debt recovery, the undertaking turns litigious, we will deal with the representation in court to get a favorable ruling.

Legal advice provided by us involves: assisting and representing of clients (individuals, companies and state institutions), both in the phase prior to court action or court claim (notice, summons, direct conciliation in commercial matters) and before court, in ordinary or extraordinary appeals, as well as in the foreclosure phase, based on a very good cooperation with enforcement officers.

TRANSPARENCY OF DEBT COLLECTION PROCEEDINGS

The debt collection process is transparent at its every stage through submitting of reports to the client and information when undertaking new steps in the process of debt recovery for your debtors.

The promise that we make is that we will make every legal effort to recover the claim until actual collection of the money or until the issuance of bankruptcy closure sentence. Also, we assure you that we will exhaust all statutory ways in order to recover the debt of each of your debtors.