Debt Collection Romania
When you are having a non-paying business partner in Romania, debt collection can be a challenge. For successful debt collection of your invoice in Romania, extensive knowledge of the culture, language and regulations is important.
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When you are conducting business in Romania, you will be aware that the Romanian business culture differs from other cultures in many aspects. As a result of these differences, international creditors are at a disadvantage. Our lawyers are fully versed in Romanian regulations, speak the language and are familiar with the business culture of Romania.
Being able to prove your claim is important in Romania. Therefore, we advise you the put all agreements in official and signed documents. The following documents are important when you are dealing with a Romanian debtor:
- Signed agreements;
- General conditions;
- Order confirmations;
- Copies of invoices;
- Proof of delivery or services;
- Correspondence with the debtor.
If it turns out that 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 approximately 14 days.
When your Romanian debtor does not respond to your reminder, handing over your claim for collection is recommendable. We are able to collection most claims in Romania in the form of a payment arrangement of otherwise.
As soon as we receive your claim, we will demand that your debtor pays the invoices. We will write your debtor, call your debtor and, if necessary, engage in a face to face meeting. If the Romanian debtor does not pay within the stated term, we will, in consultation with you, commence with legal proceedings. In many cases, this step will encourage your Romanian debtor to pay off his debt.
In case we do not collect, then your company does not have to pay us a legal fee. In our view, you should always be able to opt for the quality of a Debt Recovery Lawyer. If the debtor does not pay, we will merely charge you our administrative fee of €150.00.
Would you like more information about collections or bringing legal action in Romania? Fill out the contact form or call us: +44 (0)20 3808 5878.
Click here to upload your claim to us.