Support of creditors in the debt collection procedure

Debt collection is a complex and lengthy process that can cause many difficulties for the creditor. Debtors often look for ways to avoid paying their debt, which can lead to delays and additional costs. The law firm “Prykhodko and Partners” has many years of experience supporting creditors in the debt collection procedure and can help you quickly and efficiently get what you are owed.

What can be the main difficulties for the creditor in the case of debt collection?

• Insolvency of the debtor. This is one of the most common problems lenders face. If the debtor does not have the funds to pay the debt, it can be very difficult to collect it.
• Appeal of the debt by the debtor. The debtor can dispute the very fact of the existence of the debt or its amount. This can lead to litigation, which can drag on for a long time.
• Debtor’s evasion of obligations. Debtors can use various methods to avoid paying the debt, for example, to hide their assets or transfer the property to other people.
• Complexity of legal procedures. The debt collection process can be complex and confusing. The creditor needs to know all the nuances of the law in order to correctly draw up the documents and take the necessary measures.

How to force a debt to be paid: enforcement proceedings

One of the most effective ways to force the debtor to pay the debt is to contact the enforcement service. The enforcement service has the right to forcibly collect the debt from the debtor, for example, by seizing his property or accounts.

What should be done for this?

1. Get a court decision. Before contacting the enforcement service, you must obtain a court decision on debt collection.
2. Contact the executive service. With the court decision in hand, the creditor can apply to the enforcement service with a statement to initiate enforcement proceedings.
3. Control the execution process. The creditor has the right to monitor the execution process and take measures if the execution service does not fulfill its duties.

All this will be much easier to do with the help of an experienced lawyer from our company.

Support of creditors in this matter by our experts

Law firm “Prykhodko and Partners” can help you at all stages of debt collection, from obtaining a court decision to execution. Our lawyers have many years of experience in this field and know all the nuances of legislation. We will help you at every step of solving the problem:

Preparation of necessary documents.

• Statement of claim. Our lawyers will help you correctly prepare a statement of claim to the court, which will clearly state your requirements to the debtor and justify them.
• Other documents. We will help you collect all the necessary documents that confirm the existence of the debt, for example, a contract, a deed of acceptance and transfer, receipts, receipts, etc.
• Calculation of the amount of debt. We will help you correctly calculate the amount of debt that is subject to collection, taking into account all accrued interest, interest and penalties.

Appeal to the court.

• Preparation for the court session. We will help you prepare for the court session, provide you with advice on all issues that may arise during the trial, and help you form your position on the case.
• Representation in court. Our lawyers will represent your interests in court, protect your rights and seek a fair decision in your favor.
• Appeal of a court decision. In case of disagreement with the court decision, we will help you appeal it in the appeal or cassation procedure.

Control of the execution process.

• Monitoring of executive proceedings. We will constantly monitor the progress of the enforcement proceedings and inform you about all the actions taken by the enforcement service.
• Taking measures for enforcement. In case of inaction or ineffective work of the executive service, we will be able to take all necessary measures to enforce the court decision, for example, we will apply to the court with a statement on the application of sanctions to the officials of the executive service.

Appealing the actions of the debtor or the enforcement service.

• In the event that the debtor will take measures to evade the execution of the court decision, for example, hide his assets or transfer the property to other persons, we will help you challenge such actions in court.
• If the enforcement service acts illegally or negligently, we will help you challenge its actions in court.

Contact us, and we will help you collect the debt quickly and efficiently. We will do everything that the legislation of Ukraine allows for this. We approach each case individually, taking into account all the nuances and subtleties.

If you need advice or a price for accompanying creditors in the debt collection procedure, fill out the form below.