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The problem: business in europe is facing altered circumstances. International free trade and competition requires circulation of goods over national
boarders, chances - but risks, too.
Outstanding claims like purchase prices or other debts like compensation are to be collected abroad. But do you know whether your debtor still exists or ceased
the trading? Do you know whether he is solvent or in bankruptcy proceedings? The risk of a loss in costs and time in collecting a debt is enormous, and besides you are dealing with a different and
strange legal system.
Please look furthermore at the Info which describes proceedings.
Claim management: means to stay close to your debtor, to investigate his financial standing and his assets. For legal proceedings "formal" things are very important,
esp. to know the specific coordinates of the debtor.
Please note that we are able to represent your interests all over Germany. At every court in Germany we are call to the bar.
Fees and costs: It is the
guiding principle of our office to cover our fees and costs by the debtor himself ("no cure no pay"!). In Germany the debtor has to pay all fees and costs of legal proceedings (including
court fees) if he is in delay of payment or is defeated in a lawsuit.
Experience has shown that it is very effective to contact the debtor and to force him by staying close to him by
telephone. Please take in consideration that very often the refusal of payment indicates his bad financial situation. Objections (f.e. notice of defects) against your claim mostly are assertions to delay
payment.
In bankruptcy proceedings you need experience filing the claim to the bankruptcy court, to control the procedure and the measures taken by the liquidator.
Service:
after having received all documents (list of documents) and the Power of Attorney we
sent a dunning-letter to your debtor immediately. In the meantime we try to ascertain the financial standing and credit-worthiness and will check address and other official information. We will try to
contact him by telephone and force him to payment. In case of bankruptcy proceedings we will file the claim and observe proceedings. Is it possible to claim for the retention of title
we will inform you and manage the take over of your goods.
To collect a debt requires a lot of - legal - knowledge and experience in handling all types of measures in proceedings and enforcement proceedings.
In each stage of proceedings we will inform you about the actual situation, give you an update and will advise you in deciding further steps. It is also out of question that we will provide you
with background information.
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