Debt Collection in Lithuania

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The advocate was very committed and (which is the most important) successful.

Nathalie Gysi
04 Nov 2024

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Service Details

Debt Collection

This service is available across Lithuania

Who can benefit from this service?

Our debt recovery services in Lithuania are designed for businesses of all sizes and individuals who need assistance in collecting overdue debts.
Whether you're a local business or an international entity dealing with Lithuanian debtors, our services are tailored to meet your needs.

Prerequisites

To initiate debt recovery in Lithuania, it's important to select an external partner with experience in debt collection.
The necessary documents include identification data of the debtor, the debt amount, period of accrual, and any relevant contracts or communication with the debtor.

Process: Step by Step

Pre-Litigation Phase: This stage involves contacting debtors, sending reminders, and attempting to negotiate payment arrangements. Our focus here is to achieve a settlement without needing to resort to legal proceedings.
Judicial Debt Recovery: If the pre-litigation approach is unsuccessful, we proceed with legal actions. This might include filing for a court order or initiating a lawsuit.
Enforcement: Once a court ruling is obtained, or if there are other enforceable documents, various measures like garnishment of wages, seizure of assets, or claims against assets held by third parties can be undertaken.

Advantages of this Service

Experienced Professionals: Our team of experts ensures efficient and effective debt recovery.
Time and Resource Saving: Outsourcing debt recovery saves valuable time and resources for your business.
Ethical and Legal Compliance: We adhere to legal standards and ethical practices, ensuring your relationships with debtors are handled respectfully.

Key Elements of this Service

Tailored Debt Recovery Solutions: Strategies are customized based on your specific needs and debtor circumstances.
Comprehensive Support: From initial consultation to enforcement of payments, we provide end-to-end support.
Focus on Preserving Business Relationships: Our approach prioritizes maintaining good relations between our clients and their debtors.

Free Support Services Included

When combined with the free and innovative Advocate Abroad support services you can be sure that you are obtaining completely transparent legal services from registered and regulated English-speaking lawyers abroad.These support services include: