Services

Akord Inkasso offers extrajudicial debt collection in Estonia and in foreign countries with the help of cooperation partners. The processes that we created and our persistent activities ensure the result of maximum efficiency for all collected claims.

Before the commencement of a court proceeding, Akord Inkasso provides the client with the amount of legal costs and representation expenses and the existing information regarding the debtor's financial standing. Akord Inkasso offers judicial debt collection in Estonia and in foreign countries with the help of cooperation partners.

The sale of claims by you is the fastest and most certain way to receive your arrears back. Akord Inkasso performs claim analysis and proceeding from the above makes its purchase offer. The purchase offer depends on the risk level of the debt claim.

Filing of bankruptcy petition or joining bankruptcy proceeding that already has been commenced.

Akord Inkasso may help in achieving the result of maximum efficiency in case a court judgement or any other agreement, which provides the opportunity to commence enforcement proceeding, has entered into force to the client's benefit. In the course of the enforcement proceeding, Akord Inkasso submits all the necessary client's documents to the bailiff and keeps the client informed of the course of the enforcement proceeding.

Akord Inkasso's caution stamp is a quick, efficient and cheap way to prevent or collect debts. Using caution stamp provides the client with an opportunity to warn a potential debtor that in case the invoice is unpaid Akord Inkasso will start collecting the debt. The stamp contains the following text: "Akord Inkasso monitors the payment of invoices. Recovery proceedings will be started if not paid".

We perform different types of background studies regarding both Estonian and foreign companies. The service provides the opportunity to check the payment behaviour of the client's existing or future transaction partners. The main objective of background study is to prevent the occurrence of potential debts.

Monitoring service keeps the client informed of the developments in the transaction partners' organisations. The information reaching the client in due time helps preventing any unpleasant surprises.
If any of the following changes takes place in regard to the monitored organisation, we immediately send to the client the information regarding the developments.

- change of business name;
- change of legal address;
- change of registry area;
- submission of Annual Report to the Commercial Register;
- occurrence/completion of VAT liability;
- change in fixed capital;
- change in status (FIE [self-employed person], OÜ [private limited company], AS [public limited company]);
- occurrence of payment default;
- publication of information in "Ametlikud Teadaanned" (notice of liquidation, notice of bankruptcy, notice of compulsory dissolution, enforcement notice, etc.);
- registration in Akord Inkasso's debtors database;
- information regarding the organisation published in the media;
- changes in land register and mortgage registry.

Akord Inkasso files the proof of claim in liquidation proceedings and monitors the protection of the client's interests during the liquidation proceedings.
Akord Inkasso also provides enterprise liquidation service.

In conducting the rehabilition proceedings, Akord Inkasso represents the interests of the rehabilitated company or creditors. Akord Inkasso counsels the clients on different issues pertaining to the rehabilition proceedings, inter alia it prepares the rehabilition petition and other procedural documents.

Credit supervision services helps you save both time and money resources and prevent potential arrears. This service frees you from unpleasant and often stressful contacts with transaction partners.
Akord Inkasso in constant cooperation with you supervises the transfers of payments, and in case the payments are not transferred by the due date or these are not properly performed, Akord Inkasso establishes the reasons and potential problems. For this purposes, an employee of Akord Inkasso using various communication channels (e-mail, sms, phone calls, ordinary mail) will issue notices on your behalf regarding any outstanding invoices to your customers.

Akord Inkasso primarily concentrates on providing consultations in the area of law of obligations, bankruptcy law, property law and commercial law.
We offer legal counseling based on agreement, in the framework of which we will counsel the Client by e-mail or phone.
We also offer legal counseling in the office of Akord Inkasso by scheduling a prior appointment with our lawyer.
In case of necessity, we will represent the Client in negotiations with the counterparty.

Court proceedings are often prolonged due to the fact that the documents sent by the court do not reach the counterparty.
Akord Inkasso offers the delivery of documents with the utmost efficiency, against the recipient's signature (payment proposal, court subpoena, notices, claims, bankruptcy cautions, action materials and other declarations of intention)