Our firm specializes in debt collection. We carry out the entire process of managing and recovering defaults, including the so-called bad debt records.
The method our office follows to claim applies the following process: first, we determine the debt is not overdue, then we carry out a feasibility study of the claim, and finally we put in place the appropriate legal procedures to execute it.
It is essential to prove the legitimacy of the debt and determine the deadline for claiming it. In the case of requirements of a commercial nature, the limitation period extends up to 15 years from the date of the invoice due date.
Once the viability of the claim is determined, we study the best way to carry it out. It can be extrajudicial, by means of a friendly claim to the defaulter or to the companies’ administrators, that often are the subsidiaries culprits; or by judicial means. In this case, the professionals of Espacio Legal, directed by the lawyer Marcelino Tamargo Menéndez, legally assess the process, analyse its viability and choose the appropriate procedure (payment order, debt collection suit, ordinary or verbal procedure, etc.).