From Legal Review of Trade Documents to Obtaining Judgment for the Client
When peaceful debt recovery measures are not successful, litigation may become necessary. This process involves several stages:
Legal Review of Trade Documents: A thorough legal examination of all relevant trade documents is a critical first step in the litigation process to establish the legal standing of the debt.
Translation of the Documents: For international cases, all relevant documents may need to be translated into the language of the jurisdiction where the litigation is taking place.
Drafting a Power of Attorney: A Power of Attorney document is necessary to authorize your legal representative to act on your behalf in the legal proceedings.
Making a Strategy of Litigation: A well-thought-out litigation strategy is crucial to ensure that you approach the lawsuit in the most effective way.
Drafting and Filing the Lawsuit: Your legal representative will draft the lawsuit detailing the claim and submit it to the relevant court.
Application for Asset Seizure: In some cases, you might need to apply for an asset seizure to secure repayment of the debt if you win the case.
Participation in Court Hearings: Attending court hearings allows you to present your case and respond to the debtor's arguments.
Obtaining Judgment for the Client: If the court rules in your favor, the judgment will officially document the debtor's obligation to repay the debt.
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