(A) In the event of unpaid debt, the creditor may mandate the Lorang & Wingerter firm to carry out, before any legal request, the necessary steps to recover his debt.
Debt collection in Luxembourg can only be carried out by an approved professional even if it is only an amicable process.
This step is essential, the majority of debts are recovered at this stage. This remedy has many advantages:
(B) Security of collected funds:
For the recovery of debts in the Grand Duchy of Luxembourg, the Lorang & Wingerter firm always prefers, if at all possible, the so-called simplified procedures:
Employing these two procedures, the cost is reduced, not to mention that the deadlines are very reasonable and vary between 3 to 6 months.
Once the writ of execution has been obtained, within the framework of these two procedures, it is sent to the bailiff for execution. We must remember:
We are committed to avoiding unnecessary and irrecoverable costs to our customers, we always carry out a certain number of checks, which allow us to guarantee our customers’ maximum success.
The theory of the accepted invoice is a safe and privileged value in the territory of the Grand Duchy of Luxembourg, which makes the recovery of commercial debt easier.
In terms of the invoice, the lack of dispute constitutes acceptance! The invoice is accepted, according to case law, if it has not been contested at short notice.