Loan Recovery in Poland

Loan Recovery in Poland

Poland has become an important state of the European Union and its economy has developed quite a lot in the last few years. Thanks to this favorable outcome, Polish citizens and companies have started contracting loans for various purposes and thus the financial industry has also benefitted from many advantages.…
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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 are treated under the Civil Code. In order to complete the debt collection procedure in Poland, creditors have several tools they can use. Among these, the…
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Seizure of Assets in Poland

Seizure of Assets in Poland

One of the least pleasant parts of recovering a 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…
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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 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 benefits…
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 Debt Collection in Poland

After the fall of communism, Poland pursued a policy of liberalizing the economy and today is one of the examples of a successful transition from a state-run economy to a market economy. The privatization of small and medium companies that were controlled by the government and the free right of establishment…
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