Description
if the trading companies or individuals in our country will be unable to pay its debts, legal entities engaged in debt collection in Bulgaria are encouraged to seek specialized legal assistance.
We complete all the legal procedures necessary for the collection of debt.
Our lawyers for debt collection in Bulgaria will be happy to provide you and your company, if you need to take legal action against your outstanding debt.
a Public authority in Bulgaria, responsible for the collection of debt is the National revenue Agency.
Lawyers to recover debts should contact the debtors and convince them to voluntarily pay their debts or to abandon the particular��x benefits if they will be delayed in repayment.
for Example, they refuse to provide them with the documents necessary for obtaining Bank loans.Legal steps for debt collection in Bulgaria.
the Process of debt collection in Bulgaria consists of several stages.
It includes simple procedures at the initial stage and may include legal action, if necessary.
Regardless of the chosen method of approach to the debtor, the subjects of the collection must have full access to all necessary documents associated with the debtor, including, but not limited to: identifying data, correspondence, contracts, agreements and invoices. The first step is contacting the debtor and clarification of details of the outstanding payment.
If the debtor does not produce a voluntary payment, the next step is the direction of a formal letter.
the Usual period for reply to this letter is ten days from the date of its receipt.
Then, in the case of the consent of the debtor for payment, the parties agree on the payment plan, calculate the installments and the period of full repayment of the debt.
These legal procedures precede any contingent legal actions and aims to avoid more complex debt recovery through legal action .
If the debtor does not respond to pre-trial procedure of debt collection,the next step is the final remaining option.
Typically, this process involves two stages: pretrial and trial.
Our lawyers to recover debts in Bulgaria have to prepare all the necessary documents for the court proceedings. In this situation, the application must be submitted to the Bulgarian court of competent jurisdiction.
Our law firm has extensive experience in protecting the rights and interests of our clients in enforcement proceedings and in the collection of bad debts, in addition, our lawyers provide the following specialized services:
– the granting of the writ in accordance with the code of Civil procedure – the General procedure, as well as to the ordered procedure;
– detailed help for the collection of statements of individuals and legal entities – initiation and conduct of cases in courts, negotiations, conclusion of contracts;
– ensuring the claim – seizure of movable property, receivables and Bank accounts, the imposition of penalties on real property;
– the initiation and conduct of Executive business;
– protection of debtors under enforcement cases – assistance in the restructuring of debt, suspension and termination of execution;
– legal representation and protection from the so-called “collection companies”;
– the appeal of illegal actions of the Executive authority.
If you need a lawyer for debt recovery to protect your interests in the process of enforcement or for the successful recovery of the debt from your debtors, you should contact our law firm.
And don't forget to apply for legal aid if:
– you will receive an invitation for voluntary execution (AIP) of the private enforcement agent (pea) or bailiffs (DUI) for debts that will not say anything.
– when you receive a call from a “collection company”, which said that it repaid its debt to the Bank, the operator or other credit institution;
– if you have a question that is answered by your property.
Characteristics
- vendor code







