Debt Collection Services
“Cross Border Litigation Law Firm of the Year”
Global Law Experts
Giambrone offers a full range of debt collection options for Italian, Spanish, German and international debts, assisting both individuals and commercial organisations across the globe with the recovery of all types of debts.
We fully realise that managing debt is a critical part of maintaining the stability of most businesses, Our recovery rate is high and in most cases we prefer to settle out of court without judicial intervention to avoid court costs and limit the attendant legal costs. If litigation is unavoidable our robust litigation lawyers will act with vigour to ensure that our clients achieve settlement of their outstanding invoices.
Our debt collection services include:
- Company searches
- Confirmation of company trading address
- Credit scoring
- Issue of proceedings
- Telephone collection
- Letters before action
- Personal visits
- Bankruptcy & winding up service
The standard protocol for Italian or international debt collection involves:
1. Letter before action
If we make a recovery of the debt without legal proceedings we charge a fee based on a percentage of the debt.
2. Tracing agents
If the address of the debtor is unknown we can instruct a tracing agent.
3. Issuing proceedings
If a defence is filed at court Giambrone’s experienced lawyers will litigate on your behalf.
If the debtor fails to settle the debt following court proceedings, there are a variety of options available. We can enforce action by instructing bailiffs, charging orders, third party debt order and attachment of earnings.
In every case, we will examine the facts of the matter and give you pragmatic advice as to the best way to achieve recovery.
We can, in some cases, act on a contingency fee basis, subject to a prior assessment of the case and of the financial strength of the debtor.