Debt Collection in Norway

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Debt Collection in Norway A presentation brought to you by LawyersNorway.eu 1

Transcript of Debt Collection in Norway

Page 1: Debt Collection in Norway

Debt Collection in Norway

A presentation brought to youby LawyersNorway.eu

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Page 2: Debt Collection in Norway

What Is Debt Collectionin Norway?

Companies which owe an amount of money to other firms are typically forced to pay their obligations.

Our law firm in Norway can legally assist you if you are trying to recover debts in the country.

The debt collection procedure in Norway consists in two important stages.

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The Main Stages of Debt Collection in Norway

The process of debt recovery involves two significant stages, as following:

the amicable procedure where the debtor is invited to pay the debt in a specific time frame;

the legal procedure when the debtor is required to pay the debt through a court’s decision.

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The Amicable Procedure in Norway >>

In the amicable stage of debt collection in Norway, the debtor is contacted through the phone, fax, email or by post and invited to pay the debt.

The debtor is also announced regarding the consequences of the non-payment, usually consisting in the initiation of the legal procedure.

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>> The Amicable Procedure in Norway

The debt collection agency will send a 14 days’ notice containing the name of the creditor, the type of debt, the warning that non-payment will lead to legal consequences and further costs.

If this method isn’t successful, our Norwegian lawyers can represent you in a debt collection lawsuit.

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The Legal Procedure in Norway >>

In the legal phase a trial will be initiated, with the help of our lawyers in Norway.

To initiate the lawsuit, you must provide:

a copy of the signed contract

between creditor and debtor;

invoices;

account statements.

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>> The Legal Procedure in Norway Continuing with the lawsuit to

recover the debt, if the court decides in favor of the creditor, the Bailiff’s Court will enforce the decision.

In some cases, the salary of the debtor can have retentions applied to it, and the costs of this procedure depend on the amount of the debt.

Our lawyers in Norway can offer you legal representation in a debt recovery trial.

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Debt Collection Lawsuit in Norway

A debt collection lawsuit in Norway is a complex procedure, where witnesses an specialists might be engaged.

The creditors must also be aware that the legal process may take around one year.

This term is extendable, depending on the complexity of the case and the availability of the lawyers and the judge.

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Why Choose Our Norwegian Lawyers?

For a positive outcome in your debt collection case, we recommend you to solicit help and guidance from our law firm in Norway.

Our experienced attorneys will help you recover the debts.

Contact our Norwegian lawyers for a personalized offer.

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Thank you for your attention!

• For more information please contact us at:

(+44)203-287 0408 (for international clients)

[email protected]

www.lawyersnorway.eu

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