In Romania, there are 3 ways to recover your debt from a person and the lawyer could direct you to the best solution for you and these are:
1. Summons of payment;
2. The common procedure;
3. The insolvency procedure.
The procedure could last between 3 months (a fast procedure when there are written binding documents between parties) to 3 years – the insolvency procedure.
All the expenses can be recovered from the debtor.
Please contact our office in order to direct you to a solution for you to recover your debt as the procedure depends on every case in part and the lawyer can consider contacting the debtor or going directly into insolvency procedure.
If you need to know the fees we can provide you a quotation immediately as we receive information about each case.
If the lawyer advise you to recover your debt by summons of payment then the court taxes for the procedure of the summons of payment are very low and approximately 50 Euro.
If the lawyer advise you to recover your debt by common procedure, then the court taxes for the common procedure are approximately 2% of the sum.
If the lawyer advise you to go into insolvency procedure then the court taxes are 50 Euro.
The court taxes for recovering the debt in Romania can be also recovered from the debtor after the end of the trial.
As Andreea Mihai is not only a lawyer but also an insolvency practitioner she could help you understanding the best solution for recovering your debt in Romania.
The lawyer fees for any procedure are approximately 1000 Euro but this can be also recovered from the debtor.
If you need to know the exact fee you just need to send us the documents and we’ll send you a quotation.
Contacting a local lawyer from Romania the fees are lower than contacting a lawyer from your country. Besides the local lawyer knows the Romanian law and the national lawyer should also contact a Romanian lawyer and practically the fee doubles.