Sorainen

The debt recovery process in Latvia can be complex and time-consuming. We usually recommend clients to start by issuing a payment demand to debtors. If the debtor still does not pay after receiving the payment demand, the creditor can file a claim with the court. Alternatively, depending on the response of the debtor and their financial situation, we advise clients to start insolvency proceedings against the debtor. Our dispute resolution team is a full-service legal practice specialising in debt recovery. Our experienced team of attorneys understands the challenges that businesses and individuals face when trying to collect outstanding debts. We have a proven track record of success in helping our clients recover the money that they are owed. We work closely with our clients to understand their unique needs and objectives, and we develop customised debt recovery plans to meet those goals.