Debt Collection Law
It is important to hire a lawyer specialized in debt collection law in order to recover outstanding debts.
Before describing the specific services we provide, it is helpful to understand what a claim right is.
A claim right is a relative right which describes the responsibilities, duties, or obligations other parties hold in regards to the right-holder. Recovering debts is, therefore, “getting your money back.”
Recovery will be done either amicably or through conciliation, meditation, or other legal procedures.
Our debt recovery services include:
- Amicably recovering claims through notification, negotiation, and contact with debtors;
- Recovering claims through a judicial process by providing legal assistance and representation in court;
- Enforcing execution by providing representation and legal assistance in court and retaining contact with bailiffs;
- Undertaking insolvency proceedings by providing legal assistance and representation in appeals against the debtor company’s claims table.
While doing business, there is always a chance that a debt will need to be collected through court action, which is why the Teodosiu Law Firm offers its experience and knowledge to ensure the smoothest possible process. We advise local and international companies on debt recovery in Romania, providing individual solutions for each case according to Romanian law.
Relevant Experience – Debts Collection Law: Teodosiu Law Firm
Our lawyers, who specialise in recovering claims from both physical and legal persons, have developed effective strategies to achieve our proposed goals.
Our experience includes:
Acting in numerous cases for clients regarding recovering outstanding debts from Romanian debtors;
Acting on behalf of a major fitness club on the UK market regarding the recovery of outstanding debts from its Romanian partner;
Legal assistance through litigation and enforcement procedures for a client based in Dubai to recover outstanding debts;
Representation of a Polish company to recover the price paid for contaminated goods;
Legal assistance for a northern European company to recover its debts from a company on the Romanian market.
