An average of 95% of the principal amount is paid out with a successful debt collection
A defaulting debtor is annoying enough. Let alone if this also causes you to incur further costs. Bierens Debt Recovery Lawyers opposes such injustice. We view it as our mission to fully recover the costs of the debt recovery from your debtor, so that for you – if we can collect the entire amount – there will be no or minimal costs related to this, because that is in line with our principles.
Maximum results for our client; that is what the Bierens Debt Recovery Lawyers’ approach is all about. Experience has taught us that in the vast majority of cases, we can settle the debt recovery matter in such a manner that, after deducting all costs, you receive between 85% and 100% of the principal amount. In practice, around 95% of the principal amount is paid out.
No Win, No Fee debt collection solicitors
Claims are becoming increasingly more complex and require good legal counsel for successful results. We therefore like to deploy our knowledge and experience to recover your claim successfully and, whenever possible, without going to court.
What is no cure, no pay debt collection?
We operate on a No Win, No Fee basis. If we do not collect your money, then you don't pay a legal fee. From our point of view, you should always be able to opt for the quality of a debt recovery solicitor. Good service, however, cannot be entirely without costs, and that is what no cure, no pay suggests. In cases where we collect nothing, we charge a fixed amount of €150 for administrative costs.
Has your debtor only paid part of the principal amount due to a dispute or insolvency? Then, in addition to our administrative costs, we will also charge a fee in accordance with a set graduated scale.
When is a debt collection case not no win, no fee?
Debt recovery cases are cases in which the debtor has no serious defense to the claim. For these types of cases, we can operate on a no win, no fee basis. However, if the debtor does raise a serious defense, then, in accordance with the code of conduct of the Dutch Bar Association, we are required to charge an hourly fee. In such cases, we can no longer operate on a no win, no fee basis but will instead discuss with you in advance whether you wish to pursue the case and, if so, what fees we will charge.
Why choose a debt collection agency?
1. Knowledge of Local Legislation and Customs of Trade
Our solicitors have extensive experience and knowledge of European legislation and regulations. In addition, they are fully aware of commercial traditions and cultures within each European country. That makes it easier to get your debtor to pay quickly
2. Debt Recovery in Local Language
Our solicitors speak both your language and the language of your debtor, which allows them to overcome language barriers with ease.
3. Customised Debt Collection
We can provide debt collection support to both European companies and global companies with debtors based in Europe. Our commercial debt recovery approach is customised to each unique case, and we provide you with tailor-made advice.
4. Straightforward Advice
We will always give our honest advice on the chances of success in your debt recovery matter. Putting your interests first is important to us; we endeavour to provide you with your options, as well as our advice on the best route to take. It’s easy to see how we put our core values of integrity and justice into practice.
More information about no win, no fee debt collection?
Would you like to know more about our no win, no fee debt collection policy? Do you have an outstanding business invoice which requires the services of a debt collector? Contact us today. We are happy to help.