DEBT RECOVERY

Debt recovery, as pursued by DCC Finanse, are comprehensive activities undertaken through negotiation, amicable settlement, court or enforcement procedures, leading to the repayment of debt. Although it is not always the case with other debt collecting agencies, we always appreciate the time and money of our Customers. However, as opposed to many entities offering assistance in debt recovery, in standard cases, we do not charge advance payments. We want our Customers to pay for the effect, that is also for effective steps. We handle debts receivable from enterprises and natural persons.

As a part of our services, we offer:

- no entry fees – we do not charge any fee for signing the contract (debt recovery is settled for the effect);

- covering the costs of court proceedings – as opposed to other firms in the market, it is us, and not our customer, who cover the costs of court proceedings as a part of the pursued activities (as a result, debt recovery – pursued also in court – is a solution available to everyone);

- remuneration for effects – we charge our total remuneration only once we collect the money for our Customer;

- debt recovery at debtor’s expense – is an option to charge the debtor with the costs of debt recovery, as a result of which our Customer obtains a free service; The debt recovery at debtor’s expense service is rendered under the legal regime implementing the provisions of the Directive 2011/7/EU of the European Parliament and of the Council of 16 February 2011 on combating late payment in commercial transactions (OJ L 48, 2011, p. 11)

Debt recovery activities are carried out at several stages:

Amicable stage – its purpose is to establish direct contact with the debtor and to obtain the debtor’s declaration to repay the liability; this stage involves also negotiations as a part of which repayment terms are discussed as convenient to both parties (it is also possible to initiate solvency safeguard procedures).

Court proceedings stage - becomes necessary if the amicable settlement procedure does not bring quick results, e.g., when it is entirely impossible to contact the debtor or when the debtor refuses to cooperate. Bringing the case to court does not involve the Customer’s additional participation since we handle all pleadings and legal representation.

Enforcement stage – starts with the preparation of an enforcement request. Another step taken by our firm is to support bailiff’s activities. The enforcement step involves as well provision of additional information, monitoring of the debtor’s and the bailiff’s activities, also outside the enforcement proceedings.

Obviously, each of the above stages proceeds at the pace and within the scope individually dictated by the circumstances of a given case. However, having the knowledge, substantive qualifications and skills, our personnel can adjust the operating strategy to all aspects of the case.