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 solving their problems.
However, if a claim arises and you cannot find common ground with the debtor, you have only two options. You can forgive your debt forever, or you can immediately choose a strict judicial debt collection procedure. Many creditors mistakenly ignore debtors under temporary protection because they consider it an absolute obstacle. In reality, you must act promptly even during this period.
Obtain an Execution Title and Stop the Statute of Limitations
If you register unpaid invoices, you constantly have the right to claim your rights at the competent court. Through the court, you obtain an official recognition of the claim and a valid execution title. Subsequently, you acquire the full right to continue the recovery process. Although you can launch the actual execution only after the debtor’s temporary protection ends, you gain a massive strategic advantage. Indeed, after it expires, you will directly file a motion to execute.
Furthermore, the execution title guarantees that your claim will definitely not expire. By gaining its legal force, a completely new limitation period begins, which generally lasts ten years.
Electronic Motion and the District Court Banská Bystrica
First and foremost, you must submit the motion to issue a payment order exclusively electronically. You direct this motion directly and exclusively to the District Court Banská Bystrica. Naturally, you must state the exact claimed monetary amount in the motion, describe the factual situation, and attach all relevant evidence.
Subsequently, the court assesses the submitted documents and usually issues a payment order within ten working days. The court delivers this document directly to the defendant’s electronic mailbox, or by post. As soon as the debtor receives the decision, they have exactly fifteen days to file a materially justified statement of opposition. If they do not file this opposition, the payment order becomes final, it becomes an execution title, and you can act.
Entrust Your Claims to True Professionals
Evidently, the entire process requires deep knowledge of the law and absolute precision in deadlines. Therefore, our company Claims Collection represents corporate B2B and private B2C clients in every phase of the dispute. We always react promptly to current legislative changes and take all legal worries upon ourselves.
In addition, we also offer you highly effective out-of-court debt recovery, thanks to which we often solve the problem even before filing a lawsuit. The biggest advantage for you remains the fact that we apply the remuneration principle exclusively for success, so if we do not recover the money, you pay us absolutely nothing. You can verify the transparent conditions of our services at any time if you look at our public debt collection price list.
Do not hesitate, contact us today, and our experts will gladly prepare a non-binding and free claim assessment for you. Partnering with market leaders will bring your money back quickly and without unnecessary risk.