Do you have one or more non-paying business partners in the Czech Republic? For successful recovery of your invoices in the Czech Republic extensive knowledge of the culture, language and legal system is essential.
Debt collection in the Czech Republic
In case your company is doing business in the Czech Republic, you probably have noticed some differences between the Czech business culture and your own business culture. As regulations in the Czech Republic are also very different from those in other countries, you are at a disadvantage as international creditor. Our lawyers have extensive knowledge of the regulations, language and business culture of the Czech Republic. Therefore, we are able to achieve justice for the international creditor in the Czech Republic.
Successful collection in the Czech Republic
Does your Czech business partner remain ignorant to his duty to pay? In the Czech Republic, it’s important to be able to prove your claim. It’s, therefore, advisable to put your agreements in writing. The following documents are important for your dispute with you Czech business partner:
- Signed agreements;
- General conditions;
- Order confirmations;
- Copies of invoices;
- Proof of delivery or services;
- Correspondence with the debtor.
If possible, it’s advisable to record agreements and conditions in English and/or the native language of each party.
Contacting your debtor to enquire why payments have not been made is advisable when your relation with your Czech business partner is good. If it turns out that your Czech debtor does not want to pay, you immediately need to send a reminder, stating a clear description of the invoice and indicating a clear term of payment of usually 14 days.
If your debtor does not respond to your reminder, handing over your claim for collection is important. We are able to collect most claims in the Czech Republic extrajudicially, in the form of a payment arrangement or otherwise.
Extrajudicial and judicial debt collection in the Czech Republic
When the claim is handed over for collection, we will demand in writing and on the telephone that your Czech debtor pays your invoice. If necessary, we will also engage in a face to face meeting with your debtor. In case the debtor does not pay within the stated term, then, in consultation with you, legal proceedings will be commenced. In many cases, this step will encourage your Czech debtor to take his debt seriously and pay the invoices.
No Win, No Fee
In case we do not collect, then your company does not have to pay us a legal fee. We believe that companies should always be able to opt for the quality of an international debt collection attorney. If the debtor does not pay, we will merely charge you our administrative fee of €150.00.
Our international lawyers are familiar with the regulations, language and culture of the Czech Republic. Because we collect internationally in your language and that of your debtor, we achieve optimum results in European debt collections. If you would like to learn more about how we work, or you would like to see how we can help your dispute with a Czech debtor: please contact us.
This website is about sharing knowledge. But if you have a claim to recover, you can go to the website of Bierens Debt Recovery Lawyers. For claims submitted by 4pm, a demand letter is sent the same day.