Debt recovery

This area of law focuses on the legal remedies to recover outstanding debts in cases where companies and individuals default on payment under commercial, contractual and credit agreements. It concerns the rights and responsibilities of creditors and debtors, and the procedures to collect debts by means of judicial and out-of-court proceedings.

If you need advice about how to collect debts or unpaid invoices, or want to avoid the risks of default in your next contract or commercial agreement, TEN can represent your interests in debt-recovery proceedings and help you take steps to avoid outstanding payment in the future.

TEN provides an extensive range of services for creditors to secure settlement of debts owed, including:

  • General legal counsel regarding debt collection
  • Specialised advice with cross-border debt recovery
  • Due diligence (credit history and creditworthiness)
  • Letters of demand
  • Legal representation in out-of-court collection proceedings
  • Representation at enforcement proceedings