Information related to Collection of Debt in Romania


 

 

 

» Summons of Payment
This is a quicker procedure that relates to debts representing obligations of payment of certain amounts, assumed through a written contract or determined through a different statute, regulation or written document, which attests rights and obligations regarding the execution of certain services, work etc.

 

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» Common Law
This is the basic, usual type of trial foreseen by the Romanian Law for the recuperation of debts. This method is considered slower that the Summons of Payment and it requires sending an official notification to the debtor and establishing a date and time for negotiations as a pre-trial step. There are certain timeframes to be taken into account when starting this type of trial.

 

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The Romanian Insolvency Procedure

The general insolvency procedure provided by the Romanian law applies to debtors who are insolvent or imminently insolvent. The procedure will begin with a petition filed in court by the debtor or by creditors, and any other persons or institutions mentioned by the law.

 

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Contact us

Address:                                                      
E&C LAW FIRM, Palladian Complex, 27A Virgil Madgearu St, B Wing, Ground Floor, apt. 201, 014135, Sector 1, Bucharest, Romania

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Directions:

Between Nicolae Caramfil St. and the French Village near the Herestrau Park.

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Phone/Fax:
+40 21.232.14.99 or +40 21.232 14 88
Mobile:
+(4)0744 156 374 or +(4) 0723 687 476

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Email:

office@debtcollectionromania.com

or office@romanianlawoffice.com

 

 

 

  
  
 
 

» Who we are
Enescu & Cuc is a business law firm situated in Bucharest, Romania, specialized in commercial law and commercial litigation. Our Law Firm has represented a large number of foreign clients requiring professional debt collection services in Romania. We have offered assistance for individual cases exceeding 3 mil. USD. 
We handle:
Initial verifications of debtor

Pre-trial Debt Collection Proceedings        Commercial Debts    Personal Loans             Commercial Loans    Amounts related to unpaid goods                           Enforcement of existing Court Decisions        Representation in Insolvency

Contact us

Phone/Fax:

+40 21.232.14.99
Mobile:
+(4)0744 156 374

Email:

office@debtcollectionromania.com

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