Debt Recovery in Greece
Debt Recovery in Greece: Comprehensive Solutions by Economou & Economou Law Office
Debt recovery in Greece can be a challenging process, especially in Greece, where the legal landscape is complex and nuanced. Whether you’re a business seeking to recover outstanding payments or an individual facing a debtor who refuses to settle, the right legal support is essential. At Economou & Economou Law Office, we are recognized as the best in Greece for debt recovery services. With our proven expertise and a stellar reputation, including recognition from Lawzana, we deliver effective, efficient, and client-centered solutions.
Understanding Debt Recovery in Greece
Debt recovery involves legal and extrajudicial processes aimed at collecting overdue payments. These processes vary depending on the nature of the debt, the parties involved, and the jurisdiction. Greece offers robust legal mechanisms to address debt recovery, including:
1. Extrajudicial Settlements: A cost-effective and time-saving approach, where negotiations are initiated to resolve the debt without court intervention.
2. Litigation: When amicable solutions fail, filing a lawsuit for debt recovery becomes necessary.
3. European Payment Order: A simplified cross-border procedure for uncontested claims within the EU.
The European Payment Order
The European Payment Order (EPO) is a powerful tool for creditors with cross-border claims within the European Union. This procedure is particularly advantageous for businesses operating in multiple EU countries, as it ensures a streamlined and enforceable process.
Key Features of the EPO:
• Efficiency: The process is straightforward and does not require court hearings.
• Cross-Border Applicability: Enforceable across EU member states.
• Legal Certainty: Ensures compliance with EU regulations, protecting creditors’ rights.
Steps in the European Payment Order Procedure:
1. Application: The creditor submits an application to the competent court, providing evidence of the debt.
2. Issuance: The court issues the payment order if the claim is deemed valid.
3. Notification: The debtor is served with the payment order and has 30 days to contest.
4. Enforcement: If the debtor fails to respond, the order becomes enforceable across the EU.
At Economou & Economou law office, we specialize in handling EPO cases, ensuring that our clients benefit from a seamless and successful process.
Why Choose Economou & Economou law office?
With decades of experience in debt recovery, Economou & Economou Law Office stands out as a leading authority in this field. Our team combines legal expertise with a client-focused approach, delivering outstanding results every time.
Key Reasons to Work with Us:
1. Proven Track Record: Recognized as the best law office in Greece for debt recovery by Lawzana.
2. Personalized Solutions: Tailored strategies to meet each client’s unique needs.
3. Speed and Efficiency: Fast, effective resolution of debt cases.
4. International Expertise: Extensive experience with cross-border and EU-related cases.
Examples of Successful Cases
1. Corporate Debt Recovery: A multinational corporation approached us to recover €500,000 from a Greek supplier. Through the European Payment Order, we secured full payment within three months.
2. Personal Loan Dispute: A client lent €75,000 to a family member who refused repayment. We negotiated a favorable settlement without litigation.
3. Cross-Border Claim: A German exporter sought our help to recover €250,000 from a Greek distributor. Using the EPO procedure, we enforced the claim successfully across borders.
The best debt recovery lawyers in Greece of Economou & Economou lawyers will help you:
• Recover your debts. Reclaim your peace of mind.
• When others delay, we deliver.
• Your success starts with Economou & Economou law Office in Athens.
How to Get Started
Debt recovery doesn’t have to be overwhelming. Let the experts at Economou & Economou Law Office guide you through the process.
Secure your financial future with Greece’s best debt recovery lawyers. When you work with us, you don’t just hire a single lawyer—you gain the strength of our entire team. Many law offices handling similar cases assign your file to one lawyer who works alone. At Economou & Economou law office, your case is managed by a dedicated team, including a senior lawyer, partners, associates, and skilled support staff. We ensure every case is fully resourced, with the right expert handling each specific task. This collaborative approach means we’re all deeply committed to your case, constantly exchanging ideas and information to catch every detail. In short, we don’t just give you our best—we give you all of us, without any additional cost
At Economou & Economou law office we don’t just solve legal challenges—we create lasting solutions with expertise, integrity, and unwavering commitment to your success. Economou & Economou law office: Protecting Your Rights, Securing Your Future.
Contact Us
• Email: econlaw@live.com
• Phone: (+30)2103603824
Take the first step toward resolving your debt issues today. Trust Economou & Economou Law Office, the best lawyers for debt recovery in Greece can provide the legal expertise you need.