Business and tax

How can you recover a debt from a counterparty?

Huquqchi legal team

First send a written claim. A business entity must answer it within 15 days. If no answer comes, a dispute between business entities goes to the economic court, and a dispute between citizens goes to the civil court. The state enforcement officer enforces the court decision.

Step 1: the claim

Send a written claim with the sum of the debt, the calculation, the contract it rests on and the payment date. A business entity must answer the claim within 15 days from the day it receives the claim. Keep the proof of delivery: if the law or the contract sets a pre-trial procedure, the court asks for it.

Step 2: going to court

Attach to the statement of claim the contract, the invoices, the acts, the payment documents and the claim. A statement of claim to the economic court also carries the documents about the payment of the state duty and about sending a copy of the claim to the defendant.

Step 3: enforcement

When the court decision takes effect, you get the writ of execution and the state enforcement officer starts the compulsory enforcement.

Advice

Do not miss the limitation period. Under article 150 of the Civil Code, the general limitation period is three years. If the debtor states that the period expired before the court gives its decision, the court rejects the claim (article 153).

Legal sources

Legal basisLaw on the contractual and legal basis, article 18 Legal basisEconomic Procedure Code, article 25 Legal basisCivil Code, article 150

This article gives legal information, not legal advice. For your own situation, consult a qualified lawyer.