Asgari Law

Asgari Law is a multidisciplinary full-service business law firm in Iran. As such, we offer tailored legal solutions from a single source for private and business clients.

If a debtor does not comply with their payment obligations, a creditor may rely on enforcement proceedings to recover the sums owed. In debt collection, Iranian and foreign businesses, freelancers, and private individuals often approach the lawyers at Asgari Law Firm. We differ from non-legal service providers in that we can effectively use the whole spectrum of legal instruments to assert your rights. Whether you seek advice regarding amicable debt collection procedures, contested procedures, or enforcing foreign judgments or arbitration awards, our team is ready to support you.

The Amicable Debt Collection Procedure in Iran

An amicable debt collection is the preferable means to collect money owed. An amicable solution involves the creditor reaching an agreement with the debtor, allowing the debtor to repay in one or more installments. At Asgari Law, our debt collection lawyers are available to assist companies seeking to recover debts and will implement various legal mechanisms to enforce that repayment. Our lawyers can oversee the debt collection by sending the required notification and proof of the unpaid amount. We can agree on a suitable proposal to recover the money owed. Based on the positive reply of the debtor, the creditor and debtor will sign an agreement, and the debt collection procedure will be successfully closed.

During amicable debt collections, our lawyers will act on your behalf when contacting debtors, prepare the necessary documents for the process and fully update your company regarding developments.

Litigation in Iran

Suppose the debtor does not respond to our legal notification or proceed to make the payment. We can then move forward with other procedures, such as litigation.

We can obtain an interim order from the court and seize the debtor’s assets before and after filing the litigation with the court.

The damages, such as damage of late payment, can also be claimed in addition to the debt.

Our lawyers are ready to advise you and represent your interests during contested debt collection processes. We will oversee the submission to the competent court regarding the claim and the debts. Should the debtor challenge the claim, our team will prepare your case for the courts and the personal hearing. Our lawyers will source the required documents, such as expert statements and further evidence. Should the matter fail at the Court of First Instance, our lawyers will advise you regarding preparing the appeal.

At Asgari Law, our debt collection lawyers are vastly experienced in debt collection cases and will support you throughout the process.

Our lawyers can also advise you on enforcing an arbitration award or a foreign judgment in Iran.

‍