DEBT COLLECTION IN LITHUANIA

Debt portfolio management & Debt collection in LITHUANIA

We recover your bad debts for the success fee

B2B debt collection in Lithuania is governed by both national legislation and European Union regulations. Even though Lithuania is located in Europe, 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.

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.

What is 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.

What should you do?

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.

We can definitely help you!

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.
Why should I choose CISDRS debt recovery services in Lithuania?
  • NO WIN NO FEE

    We use the “No Collection, No Fee” principle in debt collection. You pay for our services only after the receipt of the money from the debtor. No prior payments and/or charges (e.g. open, handling, closure, or whatsoever charges)
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  • Excellent client service experience
    We provide excellent client service and are ready to get in touch with you through an email, a call, or even messengers. You will be always aware of the situation as we provide monthly reports on your cases. We have developed unique recovery algorithms and created individual workflow for each creditor
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  • Proven Track Record

    Our firm has a proven track record of successfully recovering B2B debts in Lithuania. We have helped numerous businesses regain their outstanding funds, earnings despite the business area. We cover key Global Industries and work with Credit Insurers, Transnational Banks, SaaS companies, Tech companies, Financial Institutions, Multinational Companies, International Law Firms, International Debt Collection Agencies etc.
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  • Effective local debt collections solutinos
    With our established local presence and extensive network in Lithuania, we have built valuable contacts with key stakeholders in the debt collection industry. This allows us to efficiently navigate the local landscape, locate debtors, and expedite the debt recovery process
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  • Highest standard of professional ethics
    At CIS DRS, we are committed to upholding the highest standards of professional ethics and value the reputation of our clients. Our lawyers follow strict protocols to ensure that all collection efforts are conducted in a fair and ethical manner
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  • Transparent communication and reporting
    We believe in open and transparent communication with our clients. Throughout the B2B debt collection process in Lithuania, we provide regular updates, detailed reports, and clear documentation, keeping you informed every step of the way. You are always informed about the progress
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Q&A

Legal procedures for collecting B2B debts in Lithuania involve initiating legal action through the court system or using alternative dispute resolution methods.

services available in Lithuania

AMICABLE DEBT COLLECTION: Comprehensive Approaches to Secure Repayment


By applying these strategies, you can increase the likelihood of successful debt collection and secure the financial stability of your business.

DEBT MANAGEMENT: Effective Measures for Financial Control and Client Communication


Through these strategies, businesses can not only improve their debt management processes but also maintain positive relationships with their clients, ultimately leading to a healthier financial position.

LITIGATION: Navigating the Legal Process for Debt Recovery


These steps can be complex and time-consuming. Therefore, it is recommended to seek the help of an experienced law firm or debt recovery agency like cisdrs.com to guide you through the litigation process. They can help ensure your interests are effectively represented and improve your chances of a successful outcome.

ARBITRATION: An Alternative Dispute Resolution for Debt Recovery


Arbitration can be a complex process, so it's recommended to enlist the help of professionals, such as the debt recovery specialists at cisdrs.com, who have experience in arbitration procedures and can represent your interests effectively.

ENFORCEMENT: Realizing the Debt Recovery


Enforcement can be a complex process that requires expert knowledge of the legal system. Therefore, it can be beneficial to enlist the services of a professional debt recovery agency like cisdrs.com. They can guide you through the enforcement process, handling the legal details, and helping you recover your debt in a timely and effective manner.

BANKRUPTCY: An Inescapable Route in Debt Recovery


The bankruptcy process can be a complicated and lengthy one. Enlisting the help of a professional debt recovery agency like cisdrs.com can make the process more manageable. These professionals can handle all aspects of the bankruptcy process, from filing claims to asset recovery, ensuring that your interests are protected throughout.
NEED TO COLLECT YOUR DEBT?
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FOR DEBT COLLECTION IN EUROPE:

TEL: +44-204-577-06-96
EMAIL: europe@cisdrs.com

1 ROPEMAKER STR, LONDON,
EC2Y 9HT, UNITED KINGDOM
We work Monday to Friday, 9 AM - 6 PM (GMT)