Amicable debts collection in Luxembourg


 

(A) In the event of an unpaid debt, the creditor may appoint the lawyers Lorang & Wingerter to conduct, ahead of any legal litigation, all the necessary steps to recover the debt.

Even in the event of an amicable settlement, the debt collection in Luxembourg can only be executed by an authorized professional.

This approach is essential since the majority of the claims are actually recovered at this stage.

This resort has many advantages:

We may grant payments delays while trying to evaluate a livable / adequate solution for both the creditor and the debtor.

The inexpensive cost of this alternative procedure will save the expenses of a lawsuit.

 

(B) SAFETY OF THE RECOVERED FUNDS

Our firm is covered by a professional insurance indemnity covering its civil liability in connexion with the collected amounts

The recovered funds are assigned to a bank account especially allocated to the financial assets belonging to the third parties.