DEBT COLLECTION, DEBT REPAYMENT

The next most popular document is the loan agreement. In fact, it should record the same facts as in the receipt, as well as the fact of the transfer of funds. The transfer of money under the loan agreement can be recorded by a receipt, which if desired can be issued by a notary. If you do not register a receipt with a notary, it would be appropriate to certify the transfer of money in the receipt with the help of witnesses, indicating the data of such persons.

Debt collection, pre-trial debt repayment

If your borrower defaults, you should immediately contact a commercial dispute lawyer to help you to take pre-trial dispute resolution.

At this stage, a debt collection lawyer can help you to complete the following steps for repayment of the debt:

• study and analysis of the debt document (receipt, loan or credit agreement) and documents for the fulfillment of obligations;
• collection of other evidence confirming the existence of debt obligations, such as testimony of witnesses;
• study of the debtor’s property status to determine the ability to repay the debt;
• development of ways to extend the term of debt obligations, if necessary;
• drawing up a claim/request for debt repayment;
• committing an act of arrest or recovery of property, if such a method of repayment was stipulated by the debt documents.

Debt repayment in Kyiv through the court

It is possible to repay the debt through the court within three years of the due date. Legal services in court, which are included in the cost of lawyer’s services:

• preparation of the statement of claim, statement of defense, answer to the statement of defense and other procedural documents;
• representation and assistance of a lawyer in the court of first instance;
• review of the case materials;
• preparation of appeal and cassation petition;
• representation and assistance of a lawyer in the court of appeal and cassation;
• support of enforcement of the judgment.

Debt collection lawyer, Kyiv

What are the main tasks of a debt collection lawyer and what are the main goals to be achieved:

• imposition of arrest on property and funds so that after the court satisfies the claims, the court judgment can be enforced;
• a ban on actions, committing certain transactions and making certain payments;
• establishing the existence of obligations, i.e. the very fact of the existence of debt relations;
• obtaining a court judgment and its successful execution.

Dear visitors and clients, the lawyer Oleksii Fedkov will help you to exercise your right to protection of legitimate interests by providing professional legal advice and comprehensive services to support debt collection/recovery procedures.

The cost of attorney for debt settlement services