Payment for the result

Our work is measured upon the recovery of debt. Therefore, you pay us when your debt will be returned to you.

Determination of the probability of debt collection

To save you and your time from the moments where the debtor has nothing to recover, we will determine the probability of debt collection with 100% accuracy. In cases where the debtor does not have the funds to pay, we will develop an alternative strategic plan.

Alternative solutions

• Invalidation of the debtor’s transactions.
• Restoration of property and recovery of the debtor’s money which was withdrawn by illegal means.
• Bringing the debtor to responsibility for non-compliance with court decisions.
• Bringing the debtor to subsidiary responsibility in case of debtor’s bankruptcy.

Report on the work undertaken

You will have control over the whole process of debt recovery. We provide online reports on the work undertaken by lawyers on weekly basis. We provide video and audio report on the status of legal proceedings if required.

Control over the enforcement proceedings

We provide full legal service for the case and assume control over the enforcement proceedings. We work closely with officers of the court and guarantee that your requests will get a hearing and your interests will be defended.

The collection of information about the debtor

The collection of information about the debtor is an important point for determination of the debtor’s status. A legal entity could often turn to be “dummy corporation”, from which is impossible to recover anything.

• We find out the availability of debtor’s property (movable, immovable). As well as the availability of other assets (participating interests in the charter capital, deposit accounts).
• We necessarily check the ability to pay debts and tax stability.
• We search for court decisions against the debtor over the past year.

Negotiations with the debtor

We will definitely conduct negotiations to determine the conditions for a peaceful settlement of the current situation. We will explain to the debtor that this is in his/her interests. If required, we will sign agreements on the repayment of debts in accordance with a schedule within a specified period.

If the debtor pushes back, it’s extremely important to draw up correctly the related documents, including claims, and to hand-deliver them to the debtor. This is essential for the next stage. Often, our client or inexperienced attorney understands the importance of such documents, but they are no able to record and execute such claims competently and legally.

The court proceeding

Debt recovery from legal entities within the framework of the court proceeding consists of the following steps:

• Preparation of documents for the court proceeding
• Drawing up a statement of claim
• Participation in all court sessions of the first and subsequent instances
• Obtaining a court decision (decree of court) and an order of enforcement.

Control over enforcement proceedings

Rendering of a positive decision by the court does not mean that the debtor will immediately execute the decision and return the favor, and in this case our work does not end there. It is necessary to recover the debt compulsory. With this end in view we:

• We oversee the actions of the officers of the court.
• We cooperate with officers of the court in the search, evaluation and realization of the debtor’s property at the auction or the independent realization of property by the debtor
• We manage the return of the debtor’s property by challenging of the transactions on the re-registration of property for the previous period. In that case we commit an act of bankruptcy, and within the framework of this procedure, possibility emerges to challenge all transactions over the past three years and try to return the property sold.