Collection of receivables is one of the most problematic procedures faced by companies. Lending, economic activity, household loans, and acquittances are common causes of debts of legal entities in Ukraine. Often organizations are unable or unwilling to return previously received funds. Sometimes creditors even have to go to court to get their money back. Debt collection by a court decision in Ukraine is a popular legal service.
Companies are often forced to both admit their insolvency and initiate liquidation procedures. In this case, the organization may be declared bankrupt. However, bankruptcy is a long and complicated procedure that is best left to professionals. The Kolt law firm offers clients the services of specialists in the collection of receivables, as well as bankruptcy and liquidation of companies.
Lawyer’s consultation on debt collection.
Managing partner, Attorney at Law
For advice, you can contact us by phone: +380 (73) 404 07 42 ( Viber | Whatsapp | Telegram) or fill out the feedback form, and our expert will contact you as soon as possible.
How do we work?
Stage 1
– You are contacting us.
– We Analyze the debtor.
– We study the documentation.
– We advise you in detail on the service.
Stage 2
– We sign a contract.
Stage 3
– We determine the optimal strategies for repayment of debts.
– We conduct mediation or sue the debtor.
Stage 4
– Guaranteed to achieve the return of the debt.
– You get your money.
Stage 5
– Only after collecting the debt, you pay for our services.
Debt collection from individuals and companies.
The procedure for collecting receivables from companies can take a long time. Before initiating such a procedure, a consultation is always carried out. First, we need to study the essence of the case and assess the company’s chances of a positive court decision. A client who applies to collect debts from individuals or companies must provide all documents at the consultation stage that can confirm the existence of a debt. It can be:
- Loan agreement;
- Business contracts;
- Acquittance, etc.
The debt collection specialist will examine all the documents and make a conclusion regarding the existence of grounds for going to court and assess the prospects for the outcome of such a case. It is necessary to carefully study the terms of contracts or other documents, as they may contain provisions that allow the debtor to reduce the amount of the debt, increase the terms, or not pay the debt at all.
Pre-trial settlement of disputes.
If the grounds for collecting debts from individuals or companies are confirmed, measures are taken to obtain funds from the debtor. First of all, this is a pre-trial settlement of the conflict. In this case, the lawyer must contact the debtor and convey the requirements for the return of funds.
The specialist can also suggest measures to restructure the debt, change the payment terms, change the contract terms, etc. Contact with the debtor is maintained until the full payment of the debt.
Going to court.
If the debtor refuses to collaborate or cannot settle the debt on time and does not want to make concessions, debt collection is carried out through the court. In this case, it is extremely important to prepare a competent statement of claim. A qualified lawyer, in this case, will help to correctly formulate the requirements and justify the position based on the available documents and evidence.
In addition, the lawyer will represent your interests during court hearings. The specialist will be able to substantiate your requirements and achieve a positive court decision. In addition, the services of a debt collection lawyer are also needed after a court decision since it is important to control the execution of the decision. If the debtor is unable or unwilling to pay the debt even after the court decision, debt collection may proceed through the initiation of bankruptcy proceedings.
Lawyer’s consultation on debt collection.
We work officially under a contract for the provision of legal services. Before cooperation starts, we analyze your debtor’s financial condition and real chances for debt collection free of charge. Payment of our remuneration is carried out upon receipt of funds/property by you. The remuneration amount is determined individually for each case. You do not bear advance payments, prepayments, and any other expenses for our services, except for expenses established by the current legislation of Ukraine (for example, payment of a court fee).
To get a lawyer’s advice on debt recovery, you can contact us by phone: +380 (73) 404 07 42 ( Viber | Whatsapp | Telegram) or fill out a simple feedback form, and our expert will contact you as soon as possible and advise you.