Debt Collection

Collecting receivables is a critical process for commercial enterprises to maintain their financial health. Overdue receivables can negatively impact a company’s cash flow and investment plans. At PHD Law Belgium, we offer our clients a comprehensive debt collection service. We try to get the debtor to pay by first initiating the process through amicable settlements such as conciliation and mediation. At this stage, we negotiate with the debtor, establish payment plans and aim for the parties to find a solution in the fastest and most cost-effective way.

However, if amicable means do not yield results, we continue the process through legal means such as court and enforcement proceedings. In the event that the debtor avoids or fails to pay, we protect the rights of our clients by taking swift and effective legal action. We adopt a strategic approach to court proceedings and work diligently to ensure that the process is concluded as soon as possible.

Our team has in-depth knowledge of local and international enforcement law and takes the necessary protection measures against debtors’ assets and protects our clients’ rights in the most effective way. We offer our clients a fast, efficient and legally assured service in international debt collection processes, especially in Turkey and Belgium. We meticulously follow every step to prevent debtors from absconding, accelerate payment processes and ensure the security of the collection.

In addition, our team, which has a wide business network and local legal knowledge in international debt collection, can produce effective solutions in different jurisdictions. Especially in cross-border commercial disputes, we defend our clients’ rights in the best way possible thanks to our command of local legal regulations. In this way, we prevent delays in the collection of receivables and provide our clients with the fastest solutions.