Payment order proceedings – a tool for debt recovery
Fast and Effective Order for Payment Procedure The concept of the order for payment procedure has operated in our legal system since February 2017. The legislator introduced it to provide creditors with a fast, effective, and relatively cheap way to obtain a valid execution title. Consequently, this specific process has significantly accelerated the pursuit of justice. Do Not Wait for Your Debtor to Abuse Temporary Protection The importance of this procedure grows significantly, especially during periods when the state allows debtors to utilize temporary legal protection. Therefore, many speculative entrepreneurs purposefully delay the maturity of their debts. Creditors thus find themselves in a difficult situation and often resign from actively … Viac…