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How to recover a debt in today's environment?

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PREMIUM 39.13
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Миколаєнко Олена
Lawyer
Ukraine / Kyiv
Миколаєнко Олена

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Publication date: 11.04.2024

Lawyer with 15 years of legal experience, specialization: family and civil law, inheritance, contract law, criminal cases, administrative cases, cases involving foreigners, migration law


Debt collection is one of the most important elements of the Ukrainian legal system, which plays a key role in restoring the legal order and protecting the interests of the parties to financial disputes. This process is governed by Ukrainian legislation, in particular the Civil Code of Ukraine and the Civil Procedure Code of Ukraine.

Under the current legislation, debt collection is the right of a creditor to demand repayment of a debt that has not been properly fulfilled by the debtor. This process can be implemented through litigation or voluntary settlement, depending on the specific circumstances of the case and the position of the parties.

In addition, there are alternative methods of dispute resolution, such as mediation or negotiations between the parties. In such cases, the involvement of a debt collection lawyer can be crucial in reaching an amicable settlement and reaching an agreement between the parties.

A debt collection lawyer plays an important role in providing legal assistance and advice on the settlement of financial conflicts. Since a proper and legal resolution of the issue requires in-depth knowledge of the current legislation, the experience of the attorney or lawyer also plays a major role. An attorney uses his or her knowledge and experience to thoroughly analyse the situation, develop debt collection strategies, settle disputes out of court, to write an contract, and represent clients in court.

Lawyers and attorneys specialising in how to recover a debt with a receipt or how to recover a debt without a receipt provide legal support to creditors and provide professional advice on this issue.
They help to draft the necessary documents for filing a lawsuit, represent clients' interests in court proceedings and monitor the enforcement of court decisions.

The services of a debt collection lawyer cover a variety of aspects, including consultation with the client, drafting lawsuits and other requests, negotiations with the debtor, enforcement actions to collect on a debt and advice on possible ways to resolve the dispute in accordance with the Civil Procedure Code of Ukraine.

The current legislation establishes requirements for debt collection, in particular, with respect to the terms and procedures regulated by the Civil Code of Ukraine. The rights and obligations of the parties to the debt collection process are also determined by Ukrainian law.

However, it is worth noting that the debt collection process can be complicated and time-consuming, especially if the debtor resists or there are complex legal issues. Therefore, it is important to have an experienced attorney or lawyer who can effectively protect your interests in this process. One of the ways is through the courts.

Debt collection in Ukraine is an important element of the legal system that ensures the protection of the rights and interests of parties to legal relations in financial disputes.
Knowledge of the current legislation and professional approach of a debt collection lawyer are important factors for successful resolution of financial disputes in accordance with the current legislation of Ukraine.

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