Legal Advice Debt Collection | Debt Collection in Germany |
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If you have engaged in business abroad with a German customer or corporate entity and you need to recover an outstanding debt, the law firm of GRP Rainer LLP can assist you. Our English-speaking lawyers have experience representing clients in countries and regions all over the world including Asia, the United States, Canada, and the UK.
Prior to filing a formal complaint in court, we will contact the German debtor on your behalf in an effort to notify them as to our representation in the matter, and to recover the debt. If there was an “arbitration clause” in your contract with the debtor, we will likely initiate arbitration proceedings as an alternative dispute resolution method. If your contract did not include an arbitration clause but you would like to settle the matter outside of court, you may also want to pursue arbitration. Filing a Debt Collection Lawsuit in Germany Prior to filing a debt collection lawsuit on your behalf, we may file a formal complaint application for German Local Courts to issue a default summons. A default summons may be served on the debtor if they do not file a formal objection. The court can issue a default summons without conducting an examination of the details of the claim. If the debtor fails to object, then the default summons becomes an execution deed and is an enforceable judgment.If the debtor objects to the default summons or the client chooses to proceed directly to filing a debt collection lawsuit, our international debt collection firm can begin court proceedings. The first hearing on the matter may be 3 to 4 months after the lawsuit is filed but may vary depending on the case and complexity of issues involved. Enforcement of a Debt Collection Judgment in Germany When a favorable resolution to the matter is obtained, we can assist you in enforcing the judgment against the debtor. To do so, we may enlist the bailiff of the court to serve the debtor with the enforceable deed. Additionally, you may choose to garnish assets of the debtor, seize real estate owned by the debtor, or another type of debt recovery measure. How GRP Rainer LLP Can Help GRP Rainer LLP are German debt collection specialists, with experience representing English-speaking clients facing out of court debt collection settlements and arbitrations. Our lawyers are fluent in both German and English and are experienced bilingual negotiators who are familiar with drafting legal documents in English. If your company needs to recover debt in Germany, contact us today to learn more about our German debt collection services.
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