Menu
We provide legal advice and assistance for creditors in process of collecting unpaid debts from Romanian business partners.
Our legal practice specializes in aiding creditors grappling with unpaid debts owed by Romanian business partners. Providing crucial legal advice, we navigate the intricate web of options available. From initiating out-of-court procedures like notices for voluntary payment to obtaining enforceable titles through notarized documents or court judgments, we meticulously tailor strategies to the complexity of each case.
In order to recover claims efficiently, we evaluate options such as the order for payment procedure or accelerated processes for low-value claims for claims below a certain threshold. However, when necessary, our skilled lawyers skilfully manage large-scale court proceedings, taking into account costs and deadlines.
Case by case, we either follow out of court procedures such as notices for voluntary payment, or we obtain enforceable titles and initiate enforcement procedures based on enforceable titles (notarised documents, Court Judgements, commercial papers/trade bills, other documents that are enforceable under Romanian law).
The vast majority of debt recovery is solved in court, but even so the length and the costs of the procedures vary, depending on the complexity of the case (common procedure in court or payment order procedure) or the amount of the claim (if the unpaid debt is lower than aprox. 2.000 EUR-10.000 RON-, the creditor can apply for a procedure for small claims that is judged faster).
Constantly trying to meet and exceed the needs of our clients, our lawyers strategically plan the best measures that must be taken in order to prevent them from suffering irreparable harm or having their rights undermined while their legal proceedings are ongoing. Whenever needed, we proceed on sequestration, attachment of property, registration in the table of creditors during insolvency procedures and any other type of conservation measures provided by the law.
© Talpes.Law 2023
