How to return the debt on the receipt? Assistance of a lawyer in debt recovery

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Kovalev Artem

Head of criminal law practice

Expert in criminal and international law. He also specializes in crimes in the field of military activity and in the financial sector.

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How to return the debt on the receipt? Assistance of a lawyer in debt recovery

Reading time: 3 min.

Almost everyone has had a situation in their life when they borrowed a certain amount of money from you. However, the debt was not always returned to the lender. That is why the question arises: how to return the debt? The answer to this question largely depends on the previously concluded agreements. For example, money can be borrowed without signing any receipts. This is the worst option. As judicial practice shows, in this situation it is almost impossible to return the debt. It is much easier to repay the debt according to the receipt or the concluded loan agreement. In these cases, the solution will be the help of the lawyer "PRIKHODKO & PARTNERS" in returning debts.

What is a promissory note?

A receipt is a written document confirming the transfer and receipt of property and funds from one person to another. This is a document that the debtor provides to the creditor under the loan agreement. The receipt confirms the fact of the conclusion of the contract, its terms, and certifies the debtor's receipt of a certain amount of money.

Even if there is a receipt, there may be some difficulties in returning the debt.

What is it connected with?

First of all, most often the debt on receipt is given to relatives, friends, and close people. It is very difficult for the lender to put pressure on such people. This provokes a delay in solving debt problems.

Secondly, in the process of drawing up the receipt, the following details are very often ignored:

  • Contact/passport details of the parties.
  • Debt repayment term.
  • The amount indicated in numbers and letters.
  • Conditions for receiving money (interest, etc.).
  • The presence of a specific phrase: "The receipt confirms the fact of transferring money to the loan."

Thus, there may be little specifics in the receipts. The ideal option is to involve lawyers in drawing up the receipt. It is also very important to consider the following: the loan must necessarily be secured by some property. If this is not the case, it is almost impossible to return the funds, even with a relevant court decision.

Remember:

The receipt serves as a full-fledged justification for presenting in court demands for the return of the debt. Of course, if we are talking about the correct design of this document.

Debt repayment by receipt: features of the procedure

If the debt could not be returned within the specified time, the debtor does not contact you, you must enlist the support of professional lawyers for the successful return of your funds. The specialists of "PRIKHODKO & PARTNERS" will help you recover your debts.

  • The first stage is a written warning to the debtor with justification of all the creditor's claims.
  • The second stage occurs in the absence of reconciliation of the parties. The debtor's funds are collected through the court. The debtor's property, in particular, bank accounts, is seized. That is, everything is done so that the debtor cannot hide his real income.
  • The ultimate goal of our lawyers is to achieve full recovery of the debt in accordance with the court's decision.

We will make every effort to return what is rightfully yours. Experienced lawyers of "PRIKHODKO & PARTNERS" have a whole set of practical algorithms of actions aimed at achieving the set goals. We are waiting for you for consultation!

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Head of criminal law practice

Expert in criminal and international law. He also specializes in crimes in the field of military activity and in the financial sector.

Contact now
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