DEBT COLLECTION IN LITHUANIA

Everyday many companies face nonfulfillment of financial obligations by their counteragents or third parties. It is always difficult to return money under the contract because everybody wants to save finances as long as possible. Debtors are not acting fast to make payments, especially when they have already received services or goods.

Even though Lithuania is located in Europe and is a part of the European Union, the mentality of commercial counteragents, based in the country is more similar to CIS countries. It is quite difficult to find the most successful option to recover the debt without losing time, money and nerves, while you try to protect your rights and interests.

However, we are to state that a pretrial debt collection is the most effective option to return the finances. Legislation in the country allows finding options to convince or force your debtor to return the finances within the nearest possible time. Of course, it will not be easy, but it is possible.

The most effective and cost-saving way to recover a debt in Lithuania is – amicable, pretrial collection. You should not wait for a year or even 6 months until your counteragent will decide to pay. As soon as the debt occurs – the procedure of recovery must be started. Remember, the less delinquency, the more chances to collect the debt.

Of course, you may think that in case a company is involved in a bankruptcy proceeding or is declared to be insolvent, there is no chance to return your finances. We will say that you will not get any success with the litigation, however, amicable debt collection is possible and should be effective.

CIS DRS (CIS Debt Recovery Solutions) has a worldwide network of partners. This helps in recovering debts every single day. We provide services of amicable debt recovery in Europe and, especially, in Lithuania.

Our agency is working in the B2B, and specializes in credit management, amicable (pretrial) debt recovery, enforcement debt recovery, recognition and fulfillment of court rulings. Our team practices amicable collection every single day for many years already, successfully returning millions on bank accounts of our clients.

We are aiming not only to help you with returning your money but also helping you to save relations with your partner. We understand the importance of the reputation of our clients, and we always work professionally within the limits of local legislation. We not only conduct negotiations and make calls or send letters, but we also perform investigations, prepare credit reports, and create specific strategies for each particular case.

If you have any additional questions or inquiries, please, give us a call or fill in the form on the website below.