Do you have unpaid invoices from a Romanian company? Learn about the three legal procedures to recover your outstanding debt quickly.
Have you entered into an agreement with a Romanian company and they failed to pay for services rendered? If amicable negotiations failed, you have legal options available.
Three types of legal actions:
I. Small Claims Procedure
Allows for the recovery of claims up to 50,000 RON. This procedure is faster, and the court’s decision is enforceable.
II. Payment Ordinance Procedure
Applicable when the debt is certain and liquid, based on contracts or signed invoices. It enables faster recovery due to its urgent nature.
III. Ordinary Legal Proceedings
Used for complex disputes where extensive evidence is needed. It typically involves a longer timeframe but ensures a full establishment of facts.
Arsulescu & Associates can assist you with identifying the best strategy, court representation, and obtaining precautionary seizure orders to freeze the debtor's assets.
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