Judicial debt collection
Judicial summonsing through debt collection and receivables management
If neither a written summons nor phone contact persuade a debtor to settle his unpaid bills, we’ll escalate the debt collection process to a judicial summons, in line with your instructions.
Before judicial debt collection is kicked off, we’ll naturally review the debtor’s economic circumstances beforehand to assess the benefits of such a move for our creditor.
If judicial summonsing has a fundamentally realistic chance of success, and the receivables are undisputed, we’ll initiate judicial enforcement and compulsory execution upon the debtor’s movable assets, and accompany you in the judicial-summons and compulsory-execution proceedings in a debt-collection process. Many debtors capitulate and pay up when they find the compulsory execution order in the mail.
We’ll naturally send you regular updates on all the initiated measures and results of the judicial debt collection process. In keeping with your instructions, we can also continue monitoring your judicially recognized claim with Creditreform’s Monitoring services. In that case, our Judgment Monitoring service will keep an eye on your debtor for up to 30 years.
Benefits of judicial debt collection by Creditreform
- Over 100 years’ experience in securing credit, debt collection, judicial summonsing and receivables management
- Review of debtor’s economic circumstances prior to initiating judicial debt collection.