Do you have a Georgian client who does not pay invoice for your company?
In Georgia, the trade system and laws vary from those you're used to. Sometimes, this complicates debt collection in Georgia.
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 your debt recovery matter over to us.
We, a debt recovery law, have knowledge and experience at our fingertips to help you with the retrieval of your Georgian corporate debt.
1. SUGGESTIONS IF THE GEORGIAN CUSTOMER IS NOT PAYMENT
1.1 Call the debtor to inquire why your invoice has not yet been charged. Provide a reminder instantly. In your reminder, provide a clear description of the invoice. Also, in this warning, mention a payment period of a fixed number of days.
2. UNDERSTANDING OF LOCAL LEGISLATION AND TRADE CUSTOMS
2.1 Our international debt restructuring experts have experience and knowledge of Georgian laws and regulations. They are also fully aware of the Georgian trade traditions and culture, which makes it easier for your Georgian debtor to make payments fast.
3. YOU ARE IN ADVANTAGE WITH A DEBT RECOVERY LAWYER
3.1 Debt recovery attorneys have more control than a debt recovery service or a bailiff to put pressure on your Georgian debtor.
4. CUSTOMISED DEBT RESTRUCTURING
4.1 Our business debt recovery strategy is tailored 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 put 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 justice.
6. THE DEBT COLLECTION PROCESS IN GEORGIA
6.1 The process of debt collection in Georgia may be split into two stages. Selection takes place during the extrajudicial process, without the intervention of the Court. They do include the Court during the legal process in order to make the Georgian debtor pay. Because we are a law firm, we are able to assist you in both processes. Most debt recovery problems in Georgia are settled during the extrajudicial process, with no interference by 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 costly. We'll be calling your Georgian debtor to seek payment.
7.2 In specific cases, we'll also engage with your Georgian debtor in a face-to-face chat. If the debtor fails to pay within a specified period of time we will launch legal proceedings on your order. Announcing legal proceedings often will convince the Georgian customer to pay.
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 the 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 Local 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 span, 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 (so 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 drawback 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 Georgia. 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 Georgian 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 Georgian debtor may try to gain additional time. Persevere, be direct and never postpone. - In the Georgia, a payment period of three to seven days is normal
Our Georgia debt collection experts have comprehensive experience and perspective of Georgian laws and policies. Therefore they are perfectly aware of Georgia trading values and traditions. Which makes it easier for your Georgia debtor to quickly make payments.
Debt Collection Law Georgia
Contact Us and Get our comprehensive article about how to collect a debt in Georgia, using the amicable and legal options. This is best debt collection guide on Georgia your will ever find.
Get paid Faster: Debt Recovery Georgia
Because we can start collecting today. Our technology enables us to give you best in class collection services so we can locate the individual debtor quickly, and get you paid today.
Collect A Debt in Georgia Republic 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 Georgia
We have prepared for you a comprehensive article about how the debt collection process works in Georgia. See the country report on our Blog:
