Do you have a debtor in Ukraine which does not pay your invoices? Debt collection in Ukraine can be a challenge. For successful recovery of your invoices in Ukraine extensive knowledge of the culture, language and regulations is essential.
Debt Recovery in Ukraine
If you conduct business with Ukrainian businesses, you will be aware that the business culture differs from other cultures in many aspects. As Ukrainian regulations are also very different from those in most other countries, you are at a disadvantage as a creditor. Our lawyers are fully versed in the regulations in Ukraine, speak the language and are familiar with the business culture of Ukraine, which is why we can achieve justice for the creditor here as well.
Successful recovery in Ukraine
Do your invoices remain unpaid? Make sure that you can prove your claim against your Ukrainian debtor. in Ukraine, it is advisable to put all business agreements in writing. Retain your:
– Signed agreements;
– General conditions;
– Order confirmations;
– Copies of invoices;
– Proof of delivery or services;
– Correspondence with the debtor.
If possible, we advise to record all business agreements and conditions in English and/or the native languages of each party.
In case your debtor does not want to pay, we advise you to immediately send a reminder, stating a clear description of the invoice and indicating a clear term of payment of usually around 14 days.
Does your Ukrainian debtor does not respond to your reminder? Then you need to act swiftly and hand your claim over for collection. We are able to collect most claims in Ukraine extrajudicially, in the form of a payment arrangement or otherwise.
Extrajudicial and judicial debt recovery in Ukraine
When you hand your claim over for collection, we will demand in writing and on the telephone that your debtor effect payment. If necessary, we will also engage in a face to face conversation with your Ukrainian business partner. If the debtor does pay within the stated term, then, in consultation with you, legal proceedings will be commenced. Often this step will encourage your Ukrainian debtor to take this debt seriously and pay the invoices. Our international lawyers know exactly which are the most successful methods and how to apply these. Of course, you will always be fully informed in advance of the likelihood of success.
No Win, No Fee
In case we do not collect, then you do not pay us a legal fee. We believe that you should always be able to opt for the quality of an international debt collection attorney. If your Ukrainian debtor does not pay, we will merely charge you our administrative fee €150.00.
We have lawyers from various European countries which are familiar with the regulations, language and culture of Ukraine. Because we collect internationally in your language and that of your debtor, we achieves optimum results in cross-border debt collection. If you would like to have more information about how we can help your company with debt collection in Ukraine, please contact us without any obligation.
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.