Corporate, Commercial Law and Dispute Resolution · Commercial Disputes, Debt and Bankruptcy
Fast debt recovery for business depends on acting before delay gives the debtor time to avoid communication, move assets or allow the evidential position to deteriorate. Early action also gives the creditor more options to combine negotiation, formal claims, court proceedings and enforcement.
Pre-Trial Recovery
A formal demand can set out the debt, contractual basis and deadline for payment. Negotiations may lead to restructuring, partial payment or an agreed extension, while mediation can be useful where both sides want to preserve a commercial relationship.
Pre-trial settlement may avoid a lengthy court process, but it should be documented carefully so that the creditor does not lose time or weaken a later claim.
Arbitration and Court Proceedings
Businesses working with foreign counterparties may use arbitration where the contract contains an effective arbitration agreement. An arbitral award can provide a basis for enforcement in jurisdictions where recognition requirements are met.
Where settlement fails, court recovery normally requires a coherent evidence package. Core documents commonly include the contract, acceptance certificates or other proof of performance, invoices and correspondence confirming the outstanding obligation.
Enforcement After Judgment
Successful litigation is only part of the recovery process. Once an enforceable decision is obtained, state or private enforcement officers may use measures such as attachment of bank accounts, seizure of assets and other compulsory enforcement actions available within the proceeding.
Debt recovery work may therefore include analysis of the contract and payment history, preparation of demands, negotiations, preparation of the court file and control of the enforcement stage until payment is received.
Debt recovery strategy is most effective when evidence, settlement options, court action and enforcement are planned as one process rather than treated as separate steps after each earlier option has failed.
Why is it better with us?
The principal activities of the UBC group of companies are consulting, financial and investment services, search and selection of investors for business and attraction of loans, purchase and sale of established businesses in Ukraine, Europe and other countries, IT services, and development of commercial real estate in Ukraine and abroad. For the development of your business: registration of enterprises in Ukraine, ready-made companies in the EU, registration of companies in England and other countries, corporate law, offshore jurisdictions and offshore companies, business consulting, audit, certification, registration of LLCs, registration of financial companies, asset management companies, mutual investment funds, registration of joint-stock companies, issue of securities and bonds, and support for foreign investment.
The continuously expanding range of regional and foreign partners directly helps resolve our clients’ issues when conducting business both in Ukraine and abroad.
We are always focused on the result you need and will do everything to achieve it within the required timeframe, taking your wishes and requirements into detailed account! Why is it better to start business in Ukraine with UBC? The answer is simple - we have much more practical experience, resources and opportunities.
Price: Fast Debt Recovery: Legal Tools for Business