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"We will protect the integrity of your honor, dignity, business reputation and intellectual property."
Head of Commercial and Civil Law Practice
He specializes in protecting the business reputation of legal entities, honor and dignity of individuals, protecting intellectual property, disputes with insurance companies, legal support for the activities of public organizations.
Collection of receivables
Accounts receivable is the amount of money debtors owe your company for goods supplied, services rendered or work performed. Its occurrence is an integral part of economic activity, but it can negatively affect your liquidity and financial stability.
How can you collect receivables?
There are two main ways of collecting receivables: pre-judicial and judicial.
Pre-trial collection of receivables
- Talks:
- Communication with the debtor:
- Establishing contact with the debtor and finding out the reasons for non-payment.
- Use of various communication channels: telephone, e-mail, letters.
- Preservation of politeness and business tone of communication.
- Active listening and understanding of the debtor’s position.
- Debt reminder:
- Informing the debtor about the amount and maturity of the debt.
- Links to contracts, invoices, acts of acceptance and transfer.
- Offering alternative repayment methods (installment, restructuring).
- Debt repayment requirement:
- Sending an official letter with a clear and justified demand.
- Setting the final deadline for payment.
- Warning about further actions in case of non-compliance (appeal to court, collection of penalties, fines).
- Claim:
- Official written document:
- Contains a clear and justified demand for payment of the debt.
- References to normative acts (Civil Code of Ukraine, Economic Code of Ukraine).
- A detailed description of the reasons for the debt.
- Calculation of the amount of debt, penalties, fines (if available).
- Warning about further actions in case of non-compliance (appeal to court).
- Term for voluntary repayment (usually 10-30 days).
- Signing and certifying the claim:
- Signature of the manager or authorized person.
- Stamp (if available).
- Addressing the claim to the debtor:
- Delivery in person under signature.
- Sending by mail with delivery notice.
- Mediation:
- Involvement of a neutral mediator:
- A mediator is a specialist who helps conflict parties find a compromise solution.
- Mediation can be initiated by one of the parties or by the court.
- Mediation process:
- Joint meetings of the parties with the participation of a mediator.
- Discussion of positions and interests of the parties.
- Finding a mutually beneficial solution.
- Advantages of mediation:
- Preservation of business relations.
- Saving time and money.
- Quick and final dispute resolution.
Judicial enforcement
- Filing a claim: applying to the court with a demand for debt collection.
- Court proceedings: providing the court with evidence of the debt, substantiating one’s claims.
- Execution of a court decision: forced collection of funds from the debtor with the help of the state executive service.
Why is it important to solve these issues only with legal support?
- Complexity of legislation. The process of debt collection is regulated by numerous laws and regulations. Ignorance or misunderstanding of these rules can lead to errors, delays or even rejection of the claim.
- Collection and processing of evidence. In order to successfully collect a debt, you will need a reasonable evidence base, including contracts, invoices, acts of acceptance and transfer, correspondence, etc. A lawyer will help you correctly collect and issue all the necessary documents.
- Conducting the case in court. A judicial process is a complex and long-term process that requires knowledge of procedural norms and practice. The lawyer will represent your interests in court, prepare procedural documents, participate in meetings and defend your position.
The main mistakes made in the absence of a lawyer?
- Incorrect processing of documents. This may lead to the rejection of the claim or delay in the legal process.
- Insufficient substantiation of claims. The court may not satisfy your claim if you cannot clearly and reasonedly prove your right.
- Failure to comply with procedural deadlines. Missing the deadlines can lead to the loss of the right to sue or the annulment of the court decision.
- Inability to resist the debtor’s arguments. An experienced lawyer on the debtor’s side can find loopholes in the law and prevent you from collecting the debt.
Find out the cost of legal assistance
Contact the company “Prykhodko and partners”
Our legal team has extensive experience in debt collection. We offer a wide range of services, including:
- Legal analysis of your situation. We will study all the circumstances of the case and determine the best way to collect the debt.
- If pre-trial debt collection is possible, we can act as mediators.
- Preparation and submission of a claim statement. We will competently draw up all the documents necessary for applying to the court.
- Representation in court. We will represent your interests at all stages of the legal process.
- Support for the execution of a court decision. We will help you get your money after the court’s decision.
Would you like to order a consultation or find out the cost of debt collection? Fill out the form below.
Calculate the cost of services
1 question
Do you have documents confirming the existence of debt?
2 question
The amount of debt exceeds UAH 200,000?
3 question
Are you in Kyiv or the region?
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He specializes in protecting the business reputation of legal entities, honor and dignity of individuals, protecting intellectual property, disputes with insurance companies, legal support for the activities of public organizations.
TOP lawyers dealing with such cases in Ukraine
How to order the service? How do we work?
Specialists of the business law department “Prykhodko and Partners” have deep knowledge of the specifics of doing business in Ukraine. We will help understand the intricacies of economic legislation, resolve corporate disputes, support M&A agreements, and protect interests during tax and other audits.
What is the price for a lawyer's consultation and assistance?
Price for services in the "Commercial law" category:
The name of the service | Price, UAH | Terms |
---|---|---|
Representation in the economic process | from 32 000 UAH | from 1 month |
Submit to an international commercial arbitration court | from 60 000 UAH | from 1 month |
Lawsuit for collection of debt under the supply contract | from 28 000 UAH | from 1 month |
Sue the buyer’s company in Ukraine | from 32 000 UAH | from 1 month |
A lawyer in a business process | from 8 000 UAH | from 1 month |
Collection of receivables through court | from 32 000 UAH | from 1 month |
Filing a claim to the commercial court | from 32 000 UAH | from 1 month |
Recognizing business contracts as invalid | from 32 000 UAH | from 1 month |
Collect funds (debt) from the Ukrainian company | from 32 000 UAH | from 1 month |
Non-fulfillment of the terms of the contract for the provision of services | from 32 000 UAH | from 1 month |
2 000 - 60 000 UAH The price is valid for September 2024
Is a subscriber form of service possible to quickly resolve issues as they arise?
Yes, of course, we take companies for permanent support.
The subscription form of service allows you to receive a full range of legal services on an ongoing basis for a fixed monthly fee.
Our lawyers will accompany all economic legal relations of your company: from drawing up contracts and solving corporate issues to representing interests during inspections by regulatory bodies and in court disputes.
We have very flexible pricing, so contact us and we will discuss your specific case.
Do you work only in Kyiv?
Fortunately, modern technologies allow us to effectively solve almost any legal issue online regardless of your location. In cases where personal presence is necessary, our lawyers are ready to travel to any point in Ukraine. Moreover, thanks to our network of reliable partners abroad, we can provide legal support even in international cases. Our goal is to provide you with quality legal assistance wherever you are.
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