DEBT COLLECTION IN HUNGARY

Usually, when your counterparty receives trade credit or services in credit you may face some complications in the recovery of costs in the future. It is a normal situation in commercial practice because a small number of companies stay sure that everything will be ok after the credit is taken. Anyway, those kinds of situations take a place in our life. In this regard, to return your money easily and surely, you need to use the services of debt collection agencies.

It needs to be noted that the debt collection process in more than 97% of cases effectively closed in a pre-trial stage. Therefore, it is obvious that a debt collection agency is the best choice in resolving your receivables issues. But you need to consider some peculiarities of the collection process in Hungary because this country different from most of Europe in this aspects: you can't make any collections if the debt is not overdue in Hungary; if the debtor is in the liquidation process, you should send a warning letter; there are a certain number of procedures, which can be used to receive a payment from the debtor (order for payment procedure, litigation, liquidation procedure, arbitration, European Payment Order).

Considering all the characteristics of the debt collection procedure in this country CIS DRS offers to you our excellent services in debt collection through negotiations. We use all opportunities to reach the debtor and to start resolving the issues regarding the settlement of the outstanding balance. Instalments, discounts, negotiation techniques, informational research - this is how we make it possible and effective. We do have experience in big data analyzing as well as a knowledge of different types of companies, peculiarities of B2B relations. Additionally, analysis of trade documents in default affords to forecast, whether a return of the credit is possible or not.

First of all, as lawyers we have connections personally with colleagues from many countries worldwide. It means that wherever you need, wherever you want to receive our services, you can bring it into our hands, and the job will be done.

Secondly, we have an exceptional experience in debt collection globally. Many famous brands entrusted collection and recovery services to us.

You will never pay if you don't receive money due to our work. "No success - no fee" is the key principle in our work. Your income is a priority in our daily activity. And, of course, you don't need to think over where to find the money for the legal services.

Additionally, it is pretty convenient when you know what your partner does to help you. We provide our regular and comprehensive support through reports regarding every case we work on. Therefore, you can see whether work is good or not. We are open to it because our name and position in business are well deserved.

Send us your collection request via the form below.