Collection of receivables to condominiums under thelaw on condominium management

The increasing problems with non-payment of condominium feesandtaxes motivate us to create the first specialized in Bulgaria department dedicated to the collection of this kind of obligations.

Failure to pay fees from one discourages others from patrolling and reinforcesthe sense of injustice and impunity. The judicial collection of the obligations to the condominium property always acts as a preventive measure both for the incorrectdebtor and for all other owners, current and future.

Our experience shows that when starting a court debt collection, up to one year, about 90% of all current liabilities are collected on a voluntary basis, and within two years, unpaid payers are lacking. The earlier the debt collection, the greater the chances of success. Over time, collection capacities are greatly reduced, and the procedure is getting more and more complicated and expensive.

If the debtor fails to reach an out-of-court settlement, we assist him in initiating legal proceedings against him, securing the claim in advance and taking all necessary steps to issue a writ of execution, filing and initiatingan enforcement case forthe claim.

We offer different forms of work, including the costs of collecting the claim, including the payment of state fees for civil cases, lawyers’ fees, the enforcement fees (incl. public sales and all other complications incurred, such as expert fees, special agents, court orders, etc.).When choosing this option and in the case of eventual failure, the risk and all costs remain at our expense and you have absolutely no obligations to us.

No success meansno fees. You do not owe anything at first, we will receive our remuneration as part of the amount collected, and only when we successfully collect the debts.

The business resource that the company puts into place is a guarantee that work will be done quickly, effectively, and with the use of all legal instruments permitted by law. The rich experience and professionalism of our team gives us the security and opportunity to invest resources because we are convinced of our success.

Moreover, the judicial gathering, especially with international participation, is always expensive, but it can also be quite complicated or even impossible for someone inexperienced, this is illustrated by the average duration of such a case, which takes 1-3 years and most often ends with failure. We offer an accelerated service, shortening the time for standard collection of receivables.

We achieve this with an individual approach and priority work on the case studies we are working on 24/7, with the practical and theoretical experience and qualification that allow us to know each procedure in detail and to use the most suitable for achieving a quick and successful result. In each case, we assist in engaging a team of attorneys, consultants and associates at home and abroad, which ensures optimal solutions in the most complex and intricate cases at enviable speed.