Within the Romanian judicial system, there are many ways of settling disputes. One of the quickest and most efficient methods is the use of a payment order. This special court procedure offers a simplified way for the parties involved to get justice quickly in cases where there are unpaid debts or disputes over sums of money within the limits set by law.
What is a payment order? The payment order is a special court procedure governed by the Code of Civil Procedure. It allows the holder of a claim to ask the court to issue a judgment on the basis of a simplified application, provided that the claim is certain, liquid and payable. This method of dispute resolution is available to both natural and legal persons.
Court procedure for payment orders:
Advantages of the payment order:
The payment order is a fast and efficient way of settling disputes in the area of money claims in Romania. The simplified court procedure and short deadlines make it an attractive choice for those who want to recover unpaid debts. However, it is important to study the relevant legislation in order to properly understand all aspects and procedures involved in the use of the payment order.
At MC Recovery we successfully apply this way of recovering debts, analysing the opportunities and providing ongoing advice to the creditor throughout the legal proceedings.
MC Recovery is a company about and for business. The international business environment faces multiple challenges on an ongoing basis, and we are honored to serve important clients for whom saving time and money are indispensable desiderata for development and operation.
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