Do you have a Belarusian consumer who doesn't pay invoice for your company?
Throughout Belarus the trade system and laws vary from those you are used to, which often complicates debt collection throughout Belarus.
Our debt recovery attorneys have the means to make restitution to your creditors. We'll do our best to raise the funds from the moment you turn the debt recovery matter over to us.
We, a debt recovery law firm, have knowledge and practice at our fingertips to help you with the processing of your corporate debt in Belarus.
1. SUGGESTIONS IF THE BELARUS CUSTOMER IS NOT PAYING
Call the debtor to inquire why your invoice has not yet been paid; provide a note immediately; provide a clear description of the invoice in your reminder; and mention a payment period of a certain number of days in this reminder.
2. UNDERSTANDING OF LOCAL LEGISLATION AND TRADE CUSTOMS
2.1 Our international debt settlement experts in Belarus have experience and knowledge of rules and regulations. In fact, they are fully aware of the Belarusian business traditions and culture, which makes it easier for your Belarusian debtor to quickly compensate.
3. YOU ARE IN ADVANTAGE WITH A DEBT RECOVERY LAWYER
3.1 Debt recovery lawyers have more power than a debt recovery agency or bailiff to put pressure on your Belarussian debtor. We can also support you during both the extrajudicial process and the judicial phase, which saves you both time and money.
4. CUSTOMISED DEBT RESTRUCTURING
4.1 Our company debt recovery strategy is customized to every single case, and we provide tailored advice to you.
5. STRAIGHTFORWARD GUIDANCE
5.1 We will always offer our honest advice on the likelihood that your debt recovery will be successful. It is vital to us to place your needs first; we are endeavoring to provide you with your choices and guidance on the best route to take. It is clear to see how we are upholding our core values of honesty and fairness.
6. THE DEBT COLLECTION CYCLE IN BELARUS
6.1 In Belarus the debt collection cycle can be split into two stages. Selection takes place during the extrajudicial process, without the involvement of the Court. We will include the Court during the legal process in order to make the Belarusian debtor compensate. Because we are a law firm, we are able to assist you in both processes. Many disputes in Belarus are settled during the extrajudicial process, without the involvement of the Court.
7. EXTRAJUDICIAL DEBT COLLECTION
7.1 In theory we often continue with the extrajudicial step of the debt collection cycle. We are trying to prevent Court interference at this point, as this can be expensive. We must contact your debtor in Belarus to seek payment. We will also participate in a face-to-face chat with your Belorussian debtor in specific cases.
7.2 If the debtor fails to pay within a specified period of time we will launch legal proceedings on your order. The declaration of legal proceedings also persuades the customer to compensate.
In the case of an uncontested dispute between two parties located in EU Member States (except Denmark).
European Order for Payment proceedings may be initiated.
In your situation, the prosecutor who manages your case will decide whether this kind of action is acceptable.
The claimant typically filled out a standard form for Eu Order for Payment procedures and submits this to the Tribunal.
Instead, the Court issues a Community Transaction Notice.
The debtor then has 30 days to decide whether they object to the charge. If no notice is obtained within the 30-day timeframe, you can require the Court to finalize the payment order (called a "declaration of enforceability").
This decision is true and enforceable and is recognized in any Member State (except Denmark). The EU Payment Order is never appropriate for contested issues that is, not in situations where there is a disagreement over the invoice).
The benefit of this process is flexibility and low cost (some Member States don't even impose a court fee), but the downside is that if it gets challenged, the case stops, and if the claimant wants to continue, a regular civil action will have to be launched.
Debt Recovery in Belarus. Fast.
Our business debt recovery methodology is customized to every single instance, so that we can provide objective advice to you. We will always give our objective advice on the likelihood of your debt recovery being successful. It is essential to us to place your interests first; we aim at providing you with your possibilities and suggestions on the best path to take. It is clear to see how we are pursuing our fundamental values of integrity and justice.
What To Do When Your Belarus Customer is Not Paying
- Contact your customer and demand why no payment has been and when exactly it will be. Always request the payment copy sent to you. - Are you not able to solve the problem with your customer? Send them a certified letter requesting immediate payment. - Be conscious that with ambiguous payment terms or arguments, your Belarus debtor may try to gain additional time. Persevere, be direct and never postpone. - In Belarus, a payment period of three to seven days is normal
Our Belarus debt collection experts have comprehensive experience and perspective of Belarus laws and policies. Therefore they are perfectly aware of Belarus' trading values and traditions. Which makes it easier for your Belarus debtor to quickly make payments.
Debt Collection Law Belarus
Contact Us and Get our comprehensive article about how to collect a debt in Belarus, using the amicable and legal options. This is best debt collection guide on Belarus your will ever find.
Get paid Faster: Debt Recovery Belarus
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Collect A Debt in Belarus using our local Network
We follow your instructions at all times and ensure regular communication with you via collection reports, recommendations regarding debtor payments, payment plans and, where necessary, repossession and Court proceedings.
Debt Collection Process in Belarus
We have prepared for you a comprehensive article about how the debt collection process works in Belarus. See the country report on our Blog:
