Professional Collection of Debts in Germany

[GRP Rainer LLP Lawyers Tax Advisors - 17.04.2014] GRP Rainer Lawyers Tax Advisors, Cologne, Berlin, Bonn, Dusseldorf, Hamburg, Munich, Stuttgart, Frankfurt www.grprainer.com informs: Statistics of insolvency reveal that default customers are often a factor behind company insolvency.

The effective way of debt collection already starts with the invoice. For this reason, we carefully check the invoice forms at the GRP Rainer law firm. If there is no binding period specified for payment for example, your customer does not enter into default in the event of non-payment. This is a waste of time in terms of debt collection. The first objective of our legal advice is therefore to have the GRP law firm prepare your company invoices so that they meet the debt collection requirements.

To specify the terms of payment on the customer invoice is very important. Anyone who does not observe the time limit for payment will be in default. We advise outsourcing the reminder and all further steps to a lawyer. One advantage is that you can make it immediately clear to defaulting customers that it is a serious matter. In most cases, the first reminder on headed paper from our law firm will bring defaulting customers to their senses.

A simplified method to enforce outstanding debts is the court payment order. The GRP law firm with offices in Cologne, Bonn, Berlin, Dusseldorf, Frankfurt, Hamburg, Munich and Stuttgart takes care of all the necessary steps for your company. This includes our lawyers using the order for payment to apply for a default summons. The debtor then has two options: either he pays or lodges an objection.

If, however, he does not respond, your lawyer can apply for an enforcement order. We will naturally keep an eye on deadlines. At the same time, the GRP lawyers will identify the debtor's attachable net assets and accounts.

Debtors have two weeks to appeal against an enforcement order. After this period, the enforcement order becomes valid. What this actually means is that a GRP lawyer can initiate an enforcement claim against the debtor on your behalf. Legal proceedings: the litigation collection proceedings do not always achieve their effect without the debtor making an objection to the order for payment. If this happens, the order for payment proceedings are terminated. Now you need to decide whether you wish to proceed to the next step. Our lawyers can provide reliable advice on the best case strategy and your chances of success. The offices of the GRP law firm in Cologne, Bonn, Berlin, Dusseldorf, Frankfurt, Hamburg, Munich and Stuttgart will also make every effort to successfully pursue your claim in court.

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