Debt Collection in Hungary

Searching for Debt Collection in Hungary Service? Customer reviews to help you select from the best, most experienced Lawyers in Hungary

How clients rate our Debt Collection Service...

Advocate Abroad seeks client feedback to ensure continued high-quality service provision.
Excellent service, definitely recommended. Very good and reliable service!
Rakesh Rathod
Rakesh Rathod
14 Jun 2024

Service Details

Debt Collection

This service is available across Hungary

Who Needs This Service?

  • Our debt recovery services in Hungary are aimed at both companies and private individuals who are struggling to recover outstanding debts. 
  • This service is particularly suitable for those dealing with overdue payments from Hungarian debtors, whether they are local businesses or international entities.
Who Needs This Service?

Prerequisites

  • In Hungary, specific legal procedures and documentation are required for the debt recovery process. 
  • This includes understanding statutes of limitations and the appropriate legal actions based on the debt amount.
Prerequisites

Process: Our Approach

  1. Initial Legal Notice: A lawyer's warning letter is sent to the debtor, urging voluntary compliance and warning of possible legal actions.
  2. Payment Order Process: For claims up to 3 million HUF, a payment order issued by a notary is required. For claims between 3 million and 30 million HUF, both court proceedings and payment orders are options.
  3. Legal Proceedings: If the debtor disputes the claim, the process turns into a civil lawsuit. We provide full support during this phase.
  4. Enforcement: If the debtor does not dispute the claim within 15 days, the payment order becomes enforceable, and we proceed with debt enforcement.
Process: Our Approach

Benefits of this Service

  • Expertise in Hungarian Legal Processes: In-depth knowledge of the Hungarian legal system and debt recovery procedures.
  • Efficient Recovery Strategies: A focus on efficient resolution, aiming for quick recovery of debts.
  • Comprehensive Support: Guidance and support through every step of the process, from initial legal notices to enforcement.
Benefits of this Service

Key Components of this Service

  • Tailored Debt Recovery Solutions: Customized strategies based on the size and nature of the debt.
  • Legal Enforcement: Utilization of legal measures when necessary.
  • Client-Centered Approach: Ensuring minimal reputational damage and moral harm to our clients during the recovery process.
Key Components of this Service

Free Support Services Included

When combined with the free and innovative Advocate Abroad support services you can be sure that you are obtaining completely transparent legal services from registered and regulated English-speaking lawyers abroad.These support services include:

  • Verification of the regulatory status of your professional.
  • Fees as recommended by the Local Professional Body
  • Fees specified in advance and legally guaranteed.
  • Service levels agreed in advance and guaranteed.
  • All professionals must hold professional indemnity insurance.
  • Professionals' proficiency in English monitored.
  • Continuous quality controls and reviews.

Why choose Advocate Abroad?

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