Debt Collection in
Hungary  

  • Effortlessly start your case within 2 minutes
  • Assistance in the pre-legal and judicial debt collection phases
  • Specialists for small, medium, and large enterprises
  • Debt collection in Budapest, Debrecen or Szeged? 95% success rate throughout Hungary
  • No Win No Fee debt collection
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Debt Collection Hungary
Meet our debt collection specialist
Debt collection in Hungary

When dealing with debt collection in Hungary, you can count on Bierens to act swiftly and efficiently against your debtor. With more resources than a regular debt collection agency in Hungary, our experts can help overcome the language, cultural and legal differences that arise when dealing with Hungarian debtors. Our specialists always start in the extrajudicial phase on a No Cure No Pay basis. Should legal action be necessary, then our debt collection lawyers can assist you in the judicial phase, with for example the Fizetési Meghagyásos Eljárás (FMH) or Ordinary Civil Proceedings. For successful debt collection in Hungary, find out what our experts can do for you and recover your debt.

 
Submit your case before 16.00pm and we will act today!

Debt collection in Hungary explained in 7 steps

  • Step 1: You can easily upload your claim here. All you have to do is enter your details, your debtor’s details and information regarding your debt collection case in Hungary.
  • Step 2: Your caseworker will send your Hungarian debtor a felszólító levelet, which is a demand letter. This will be written in Hungarian and customised according to your case.
  • Step 3: We start our investigation by checking international credit reports and local databases such as e- cegjegyzek.hu and ceginfo.hu. This way we can understand why the invoice was not paid. This helps us to define our strategy to solve your debt collection case in Hungary more efficiently.
  • Step 4: Your caseworker will reach out to you to discuss the approach you wish to have. We adjust our strategy accordingly and you can track the status of the case 24/7 through our online portal.
  • Step 5: If your Hungarian debtor fails to respond to the demand letter, then our efforts do not stop there. We will contact your debtor by phone and in writing. By directly contacting your Hungarian debtor, we ensure to avoid any miscommunication.
  • Step 6: In some cases, we can also have your debtor visited by debt collectors. With our contacts across Hungary and private detectives, we can further investigate your debtor.
  • Step 7: 95% of our cases are solved in the extrajudicial phase without court intervention. With the expertise of our native in-house specialists and the various resources that we have in store for your Hungarian debtor, we can collect your claim. If your debtor refuses to pay or disputes the case, we can continue in the legal phase in consultation with you. Before doing so, we extensively discuss your options and costs.
 
Submit your case before 16.00pm and we will act today!

International experts for debt collection in Hungary

With a team of more than 115+ experts in international recovery, our lawyers can tell you everything you need to know about debt recovery in Hungary. With each specialising in different countries and industries, our lawyers can tell you everything you need to know in both the extrajudicial and judicial phases. By overcoming the language, cultural and legal differences, our international debt collection specialist can have your unpaid debt recovered in no time. Find out more about our international team here.

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  • Fast solutions for your cases
  • Real measures to recover your payments
  • The best results for the lowest costs

Debt collection costs: No Cure No Pay debt collection in Hungary

When solving your debt collection in Hungary, we aim to recover your debt without court intervention. We start on a No Cure No Pay basis, whereby we charge €165,- for administrative costs. We aim to collect the interest and costs from your debtor; however, this differs per case. With more resources than regular debt collection agencies in Hungary you can expect the following:

  • Personal contact with your caseworker
  • Personal contact with your Hungarian debtor by phone and in writing
  • Customised strategy according to your case
  • Access to the largest national and international B2B debt collection databases
  • Real knowledge of local business cultures and payment behaviours
  • Knowledge of national and international judicial procedures
  • Honest advice if legal action is necessary

If legal action is required, then we move to an hourly or fixed fee. We will only do so in consultation with you. You can view our fees here.

No win No fee
Debt collection Hungary

Debt collection laws in Hungary

Debt collection laws in Hungary may differ compared to the regulations in your country. Often following local procedures is much more effective and faster. That’s why having a Hungarian lawyer by your side can initiate the following procedures on your behalf.

Fizetési meghagyásos eljárás (FMH): Order for payment procedure (FMH)

The order for payment procedure is an accelerated procedure for undisputed claims. It is known for its speed, simplicity, and low cost, which allows a creditor to obtain an enforceable title whereby the debtor is ordered to pay the claim as well as the collection costs. The debtor is given limited time to appeal. If this does not happen, then the judgement is immediately enforceable. In Hungary, order for payments are issued by notaries, who have jurisdiction throughout the country.

Enforcement order
Regular proceeding €6000 onwards

Polgári peres eljárás: Ordinary civil proceedings

In the event of a disputed case, when your Hungarian debtor disagrees with your claims, then ordinary civil proceedings can be initiated against your debtor. Both parties will have to present their case in court. The judge will decide if another hearing is necessary or not.

Debt collection enforcement in Hungary

In Hungary, enforcement proceedings consist of two stages, which include the enforcement order and the enforcement. It is important to note that enforcement documents must always be accompanied by a translation into Hungarian.

First stage: enforcement order

Once a request has been made for enforcement, the court will issue an enforceable document. The request will have to be made through a notary.

Second stage: enforcement

The court will issue an official order for the enforcement, which will be sent to the Hungarian bailiff. The bailiff can then arrange for the enforcement of the debt recovery in Hungary. The bailiff is appointed by the court, who can proceed with freezing the debtor's bank account and assets. If the debtor is insolvent, the court may initiate winding-up proceedings. In such cases, the court will appoint a liquidator, who will call on other creditors to submit their outstanding claims to the liquidator within 40 days of the publication of the order.

Bailiff
Summary proceedings

Limitation period in Hungary

An outstanding invoice cannot be collected forever. Once an invoice becomes time-barred, you cannot recover the unpaid amount through court intervention. That’s why it is important to know that payment claims in Hungary have a limitation period of 5 years, which commences as soon as the debt is due and payable. There are possibilities to interrupt the limitation period. To find out more contact our lawyers.

International debt collection laws in Hungary

Regardless of where you and your debtor are located, our experts can help creditors with debt collection in Hungary. If you and your debtor are both nationals of any member state of the European Union, the European Small Claims and European Order for Payment procedures are two legal possibilities that we can initiate on your behalf. Specific conditions apply, which is why it is best to contact our lawyers.

International debt collection

Why hire Bierens rather than a regular debt collection agency in Hungary?

  • Highest collection rate throughout Hungary
  • Extensive measures to recover your debt in the extrajudicial and judicial phase
  • No Cure No Pay debt collection in Hungary
  • Immediate action after uploading your claim
  • 24/7 tracking of your case in our online portal

“Did you know that when litigating against foreign debtors, you should consider the competent court and applicable law?”

Start your debt collection in Hungary today

Start your debt collection case in Hungary today! While our international debt collection team gets started on your case, you can resume your regular business operations. Upload your case for immediate action or contact our experts today.

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Free case evaluation by the best debt collection specialists

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  • Fast solutions for your cases
  • Real measures to recover your payments
  • The best results for the lowest costs

Find out how we have helped others with international debt collection

From simple debt collection cases to complex legal matters, from small businesses to multinationals across different industries, our specialists have assisted over 24.000 companies worldwide, including Hungary. Find out how our international specialists and lawyers have helped other companies in similar situations and find the solution for debt collection in Hungary.

Frequently asked questions about debt recovery Hungary

How does debt collection work in Hungary?

Debt recovery in Hungary always starts in the extrajudicial phase where we send your debtor demand letters and contact them by phone in Hungarian. If your debtor disputes the claim or fails to respond, then we can discuss further options including legal action.

How will you recover my debt in Hungary?

Our debt collection strategy starts in the amicable phase without court intervention, followed by legal action upon your request. Our approach is always firm and respectful, and you will always be informed of the status of your case.

What are the costs for debt collection in Hungary?

We handle all out of court cases on a No Cure No Pay basis, also in Hungary. Our starting fee is €165,- for administrative costs. We aim to recover the principal amount including interest and costs from your debtor as much as possible, however, this depends on the amount and complexity of the case. If you decide to take legal action against your debtor, then we move to an hourly or fixed fee. We do not have any hidden costs and will first consult you before proceeding with any action.

How long does an average debt collection procedure in Hungary last?

This depends on each situation and debtor. The amicable phase takes a relatively short time because we provide your debtor with limited time to complete the payment. When starting your case, your caseworker will provide an estimate of the duration of your case. Should your debtor fail to respond, then our specialists and lawyers can provide you with an expected outcome or course of action within 4 weeks. If legal proceedings are necessary, the debt collection process takes longer, which depends on the legal proceedings and whether the debtor raises a defense.

When is a debt collection case taken to court?

Our preference is to collect your claim without court intervention. Therefore, we always start a collection in the amicable phase. If your debtor fails to respond or disputes the claim, you can proceed with legal action. We will only do so in consultation with you first.

What chances do I have for a successful recovery in Hungary?

The chance for a successful recovery depends on the nature of your debt collection case. 95% of the cases are solved on a No Cure No Pay basis. Our specialists and lawyers always do their utmost to ensure to collect your claim as fast and efficiently as possible. We always make sure to give you honest and practical advice that will deliver you the best results.

What legal possibilities do I have for debt collection in Hungary?

If legal proceedings are necessary, we can proceed with a suitable procedure such as the FMH or ordinary civil proceedings. Once obtaining an official court verdict, we can have measures enforced.

Which documents are required when taking my debtor to court?

If your claim is taken to court, then there are several documents that are required to substantiate your claim. This includes a copy of the contract, applicable terms and conditions, order confirmation, proof of delivery, invoices and a copy of the correspondence with your debtor. If additional documents are required, your caseworker will inform you.

What do I do if my debtor is insolvent?

If your debtor is unable to pay because of insolvency, it is advised to contact our lawyers. With different laws regarding bankruptcy, our layers can tell help you determine your chances of recovering your debt.