Debt recovery

Unpaid invoices are a reality for many businesses. Sending reminders in-house does not always yield the desired result, and every day an invoice remains unpaid weighs on the financial health of a business. Those wishing to dispute an invoice can also count on legal support. A lawyer specialising in debt recovery assists businesses and private individuals, from amicable recovery to court proceedings.

What is debt recovery and what can a lawyer do?

Debt recovery encompasses all the legal steps taken to collect unpaid invoices. A lawyer acts in both directions: both for those seeking to recover a debt and for those contesting an invoice.

In B2B relationships, an extrajudicial procedure for the recovery of uncontested debts between businesses (IOS) can furthermore be initiated. This is a simplified out-of-court procedure enabling businesses to recover unpaid and uncontested invoices without the intervention of a court.

FAIRWAY advises and assists clients in all aspects of debt recovery:

• Amicable recovery
• Judicial recovery
• Tailored dispute resolution
• IOS procedure
• Assistance in invoice disputes
• Cost-benefit analysis prior to court proceedings
• Guidance for businesses in a B2B and B2C context
• Assistance to private individuals in debt recovery disputes

Who can benefit from a debt recovery lawyer?

For businesses, placing debt recovery in the hands of a specialist lawyer is worthwhile. Every unpaid invoice demands time and resources. A lawyer takes charge of the entire process, from the first formal notice to any court proceedings. Businesses facing disputed invoices can also count on legal support.

For consumers, a debt recovery lawyer is of value when they are confronted with invoices they wish to dispute or with payment disputes. A specialist lawyer analyses the situation, determines the legal position and guides the client in finding an appropriate and effective solution.

Assistance to businesses and entrepreneurs with recurring debt recovery

For businesses and entrepreneurs who entrust their debt recovery contentieux of uncontested claims to FAIRWAY, FAIRWAY has developed a tailored fee structure based on pre-determined fixed fees.

The objective is to recover outstanding claims swiftly, efficiently and cost-consciously, without unnecessary recourse to legal proceedings where this can be avoided.

This method of working allows cases to be opened at a very limited initial cost, with maximum attention to swift recovery and practical follow-up.

Want to know more?

Anyone with legal questions concerning debt recovery is welcome to contactFAIRWAY. We listen, analyse and defend your interests with expertise and many years of experience.