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Debt Collection
Romania is a service provided by Romanian Lawyers
specialized in Commercial Litigation. We offer a personalized
approach that includes a thorough study of each case and according to its
specifics, we always establish the best legal strategy for the recuperation
of the respective debt. Until now we have recuperated millions of Euros from
Romanian debtors for clients worldwide.
Frequently Asked Questions
Q: Where do you activate?
A: We are based in Bucharest, however we activate in all
Romanian major cities, such as Constanta, Cluj, Timisoara, Iasi etc.
Depending on certain aspects we are able to represent clients anywhere in
Romania.
Q: What are the steps for a debt collection in Romania?
A: Procedures depend on the specifics of each case.
Nevertheless basic steps include: sending a formal notification (required by
Romanian Law in some cases), establishing a meeting with the debtor,
commencing the trial and enforcing the judge's Decision (should the debtor
not comply with the Court Decision).
Q: Who is going to represent me?
A: You are going to be represented by
Romanian lawyers throughout all
stages of the debt recovery procedure (including pre-trial proceedings).
Please read our About Us
section to know more about our team.
Q: How quickly can I recuperate my debt through a Court of
Law? A: Although there are 2
types of trials that can be initiated for a commercial debt (one being
presumably faster than the other), the actual situation of the legal system
in Romania makes debt collection a slow process. Reaching a final Court
Decision could easily take months or in some cases, even years.
Q: How much does a Debt Collection cost in Romania?
Besides our fee-quotation which will be offered once we find
out the basics about your case, clients will have to consider Court Fees.
While the Romanian Court Fees for the Summons of Payment procedure are very
low, these are consistent for Common Law Trials. Please visit the section of
our website dedicated to debt collections
costs for more information.
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This is a quicker
procedure that relates to debts representing obligations of payment of certain
amounts, assumed through a written contract or determined through a different
statute, regulation or written document, which attests rights and obligations
regarding the execution of certain services, work etc.