Debt Collection Steps in Poland

Debt Collection Steps in Poland

There are two main ways of recovering a debt in Poland: through the amicable procedure and through the court proceedings. A particular fact about Poland is that court proceedings cannot begin unless the creditor has first attempted to recover the debt amicably. This is because the creditor will need to submit…
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Loan Recovery in Poland

Loan Recovery in Poland

Economic stability has determined Polish natural persons and companies to contract loans in the past few years. Even if the number of those unable to sustain the loans and pay their installments on time is not large, there are cases in which loan recovery has become mandatory. Loan recovery in Poland is completed the…
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Debt Collection Agencies in Poland

Debt Collection Agencies in Poland

The debt collection procedure in Poland can be completed by law firms or debt collection agencies. No matter the option, the persons or companies seeking to recover the money they are owed will need to respect a few requirements imposed by the Civil Code in Poland. Debt collection agencies in Poland must also act…
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Recognition of an European Union Court Decision in Poland

Recognition of an European Union Court Decision in Poland

As an EU member, Poland recognizes and enforces decisions issued by EU courts in various civil and commercial matters. This principle also applies in debt collection in Poland which is treated under the Civil Code. In order to complete the debt collection procedure in Poland, creditors have several tools they can use.…
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Seizure of Assets in Poland

Seizure of Assets in Poland

One of the least pleasant parts of recovering debt in Poland is the seizure of assets of the debtor. However, when no other alternative has worked, this is the only way for a creditor to be compensated for the loss suffered. The seizure of assets in Poland can be completed after the trial and only based…
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Enforcement of a Court Decision in Poland

Enforcement of a Court Decision in Poland

In Poland, the issuance of enforcement judgments in civil matters is regulated by the Law Code of Civil Procedure (abbreviated CCP). The execution of an enforceable decision by the relevant state authorities, as provided by the enforcement law, implies certain measures taken in order to obtain a writ of execution on the basis of…
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