We will take over the collection of all your accounts receivable. Since your debtors also act individually, we will select the means of collecting your accounts receivable that promises the greatest chance of success whereby, contrary to many collection agencies, we may represent you in court.
The basic requirement for enforcing judgement is a title or instrument (judgement, enforceable default summons or deed).
The judgement is the final step of what can be a very long court action. We will only assist you with such measures if it is clear from the very beginning that your debtor will put up a defence against your assertion of a claim.
If it is clear that your debtor is merely playing for time and does not yet wish to settle the claim voluntarily, we will decide on a legal dunning procedure. This will enable you to obtain an enforceable default summons in just a short period of time and then enforce judgement.
We always confer closely with you to decide on how to enforce judgement. This always depends on your debtor's individual circumstances. For example, judgement can be enforced by a bailiff, who will seize money and valuables on site from the debtor.
In addition, there is also the possibility of obtaining an order of attachment, which is generally more successful than execution by a bailiff. In this case, for example, bank accounts or a right to the payment of wages are seized so that the seized amount is directly transferred to you and your debtor cannot spend the money.
Should your debtor have property at his disposal, it is possible to register a mortgage to enforce judgement debt, or to judicially enforce receivership or hold a foreclosure sale on the property.
Legal Dunning Procedures
