1. SUGGESTIONS IF THE LITHUANIAN CUSTOMER IS NOT PAYING
1.1 Call the debtor to inquire why your invoice has not yet been charged Include a note instantly In your reminder, provide a clear description of the invoice. Also, in this warning, state a payment period of a certain number of days.
2.UNDERSTANDING OF LOCAL LEGISLATION AND TRADE CUSTOMS
2.1 Our international debt restructuring experts have experience and knowledge of Lithuanian laws and regulations. However, they are fully aware of the Lithuanian trade traditions and culture. Which makes getting the Lithuanian debtor to pay quickly easier.
3. YOU ARE IN ADVANTAGE WITH A DEBT RECOVERY LAWYER
3.1 Debt recovery attorneys have more leverage than a debt recovery service or a bailiff to put pressure on your Lithuanian debtor. We can also support you during both the extrajudicial process and the judicial phase. That saves you both time and money.
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 LITHUANIA
6.1 The process of debt collection in Lithuania may be split into two phases. Selection takes place during the extrajudicial process, without the intervention of the Court. We will include the Court during the legal process in order to make the Lithuanian debtor pay.
6.2 Because we are a debt collection firm, we are able to assist you in both processes. Many debt recovery problems in Lithuania 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 method. We are trying to prevent Court interference at this point, as this can be expensive. We'll call your debtor in Lithuania to seek payment. In specific cases, we'll also engage with your Lithuanian 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. In Lithuania, reporting legal proceedings also persuades the customer to pay.
8. JUDICIAL DEBT RECOVERY
If your Lithuanian debtor refuses to pay during the extrajudicial process, we can go to Court in Lithuania after negotiation with you.
We will always give you preliminary details about the likelihood of success in your debt recovery case.
We will also remind you of the potential costs in advance, and will only continue with your permission.
EUROPEAN ORDER FOR PAYMENT PROCEEDINGS
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.