For a long period of time, Cristofor Vladu & Associates excelled in successfully completing debt recovery procedures both at local and international level. We are providing efficient and cost-effective debt recovery services regardless of the size of your company or the debt, as follows:
- Reviewing your standard contracts to improve your terms and conditions in order to protect your business;
- Providing assistance regarding securities and drafting general security agreements and registration of security interests under the Real Estate Register or Archive for Security Interests in Movable Property – AEGRM;
- Preparing and issuing letters of demand to the debtors;
- Providing assistance in amicable recovery of claims (notification, negotiation);
- Commencing legal proceedings to recover debts;
- Legal assistance during enforcement procedure against debtors that fail to pay their debts.
Representative cases:
- Major Bank – Assistance in connection with the recovery of uncollectible loans in insolvency proceedings against corporate clients by providing services to legal representation in the creditors’ meeting, the Committee of Creditors, in front of the court and in relation to forensic practitioners. Legal assistance and representation in disputes and commercial disputes with the National Agency for Consumer Protection, about the issues that have resulted from lending to retail customers. Assistance and representation in enforcement proceedings and challenge of enforcements filed by debtors;
- Major NBFI – Assistance in connection with the recovery of uncollectible loans in insolvency proceedings against corporate clients by providing services to legal representation in the creditors’ meeting, the Committee of Creditors, in front of the court and in relation to forensic practitioners. Assistance and representation in enforcement proceedings and challenge of enforcements filed by debtors;
- International Major Bank – Assistance in connection with the recovery of uncollectible loans in insolvency proceedings against corporate clients by providing services to legal representation in the creditors’ meeting, the Committee of Creditors, in front of the court and in relation to forensic practitioners;
- Major debt collector – Assistance and representation in enforcement proceedings and challenge of enforcements filed by debtors related to assigned loan contracts;
- Mortgage Loan NBFI – Legal assistance and representation in disputes and commercial disputes with the National Agency for Consumer Protection, about the issues that have resulted from lending to retail customers;
- Leading Romanian beer and soft drinks producers with the recovery of large amounts of debts from its clients;
- A major textile manufacturer for HORECA industry with the recovery of a large debt;
Day – to – day assistance for all our clients for debt recovery.