Globalization promotes migration. Political and environmental impacts are some more reasons for migration. Whatever the reason is, as long as people migrate, your claims will migrate with them.
We call them “debts with a migration background.” 2 typical “debts with a migration background”: your national client/debtor decides to move to a 2nd or more country. Or your client with a migration background moves back to his country of origin. The Euregex Experts (in-house or external) will follow the traces of your former client, find and contact him, and confront him with the fact that his debt follows him. Pre legal and friendly, but persistent.
If he remains uncooperative, we develop a recommended course of action with cost estimation because he feels safe in the target country. If your file already has a judgment (or equal legal status), the perspective is to get your judgment acknowledged in the target country (” exequatur”) and enforced or cleared by settlement. If your file is not yet entitled, the perspective is to get a judgment in the target country. In both situations, the Euregex experts (in-house or external) will have to study and compare 2 (or even more) national systems of justice, and check for bilateral or multilateral treaties.
Therefore, all involved Euregex experts have to dive into your documents which might need translations and all communication needs to be translated back and forth. Identification and choice of the right partners (debt collector, lawyer, law firm, bailiff) all under the full expectation of strong European data protection regulations. Contracting and assigning and monitoring of the partners, monitoring of all steps. Reporting, if needed, initializing of enforcement rules. We are your “one-stop shopping” for all expenses and transfer of funds.
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