Debt recovery

Debt recovery: when professional support is needed

Effective debt recovery begins with a review of documents, limitation periods, debtor assets and the realistic ability to satisfy the claim. The team determines principal and contractually available charges, assesses security, dissipation risks and the value of negotiations. Businesses receive a structured receivables strategy, while private clients receive a clear route from demand to actual payment.

An initial assessment separates legally significant facts from assumptions, checks deadlines and identifies steps capable of producing a practical result. Assistance is particularly valuable in the following situations:

• overdue payment under supply, services, lease or loan arrangements
• failure to repay funds documented by a receipt or agreement
• counterparty debt confirmed by invoices and acceptance documents
• need for interim relief to prevent asset dissipation
• an existing judgment that the debtor does not satisfy voluntarily
• debt restructuring or an agreed payment schedule

The team does not stop at general information. The scope is agreed around the client’s objective, immediate risks and available records.

Cost of services

Fees depend on the debt amount and structure, quality of evidence, number of debtors, interim measures, expected litigation and the work required during enforcement.

A client may request one consultation, a specific document or procedural event, or comprehensive support. The task, responsibilities, timing and payment arrangement are agreed before work begins. Additional work requires separate approval.

What professional support includes

Depending on the task, Prikhodko & Partners may provide:

• review of contracts, records, invoices and correspondence
• claim calculation and formal demand
• negotiations and a draft repayment agreement
• claim and applications for interim measures
• court representation and an enforceable instrument
• enforcement monitoring and challenges to inactivity

How the work is organised

1. The client describes the situation, intended result and critical deadlines.
2. The team receives and organises records and clarifies the facts and participants.
3. Counsel assesses options and risks and proposes a defined scope of work.
4. After approval, the agreed legal, procedural or organisational steps are completed.
5. The client receives the stage result, an explanation and recommendations for what follows.

Documents and practical preparation

Important evidence includes the contract or receipt, proof of transferring money, goods or work, acceptance records, invoices, bank statements, correspondence and acknowledgment of debt. Counsel also checks limitation periods, charges, jurisdiction and available asset information.

Contradictory facts should not be withheld and records should not be altered. Complete information allows counsel to identify weaknesses, prepare an alternative scenario and avoid inconsistent communications.

What the client receives

The result is not an abstract promise of legal support but an agreed practical deliverable: a legal position, completed document, action plan, procedural representation, or a combination of these elements. The client can see what has been completed, which risks remain and who is responsible for the next action.

• verified facts and the relevant legal basis;
• realistic options with their consequences explained;
• materials prepared in a format suitable for further use;
• clear checkpoints, deadlines and communication arrangements.

If new facts emerge during the engagement, the strategy is reassessed. The team explains how those changes affect timing, scope and priorities so that decisions remain controlled and informed.

To request assistance, leave an enquiry and briefly describe the issue, available records and relevant deadline. The Prikhodko & Partners team will assess the situation, recommend an appropriate format and agree the next practical step.