Debt Collection Attorney in Budapest – Ban, S. Szabo, Rausch & Partners
Ban, S. Szabo, Rausch & Partners is a premier law firm in Budapest offering effective Debt Collection services in Hungary, established in 1997 and recognized for its expertise in business law, with numerous accolades and memberships enhancing its reputation for excellence.
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Company description
About Ban, S. Szabo, Rausch & Partners – Legal Debt Collection in Hungary
Ban, S. Szabo, Rausch & Partners is a respected law firm based in Budapest, specialized in providing comprehensive debt collection services. Established in 1997, the firm takes pride in its legal prowess, especially in business and commercial debt recovery.
Proven Results
With a reputable position in the legal industry, Ban, S. Szabo, Rausch & Partners has demonstrated significant success in various debt recovery cases. The firm's membership with the Budapest Bar Association underscores its commitment to ethical practices and excellence in legal service. Renowned for its strategic approach, the firm employs rigorous methods such as recognizing foreign court judgments and enforcing Hungarian notarized documents, which have earned it accolades for efficiency and effectiveness in the legal debt recovery process.
Our Process
The firm's methodical approach to debt collection ensures thoroughness and precision at every step. This structured process fosters transparency and accountability, critical elements in achieving successful outcomes.
- Conduct an initial assessment of the debtor's financial status through due diligence.
- Issue a payment order, leveraging its simplicity and effectiveness in Hungary.
- Pursue litigation if a payment order is not feasible, navigating both domestic and international arbitration.
- Initiate liquidation proceedings when it's the most viable option.
- Enforce judgments through Hungarian notarized documents and final court decisions.
Meet the Team
The firm is composed of 18 dedicated professionals who deliver expert legal services. Founded as a reorganization of Shearman & Sterling’s Budapest office, Ban, S. Szabo, Rausch & Partners boasts experienced leaders like Dr. S. Szabo Péter and Dr. J. Rausch, both prominent figures admitted to the Budapest Bar Association. Their extensive legal background and commitment to client success are central to the firm's reputation as a leading debt collection attorney in Budapest.
Services & Industries
Specializing in legal debt recovery, the firm caters to various industries, including finance and corporate sectors. It excels in payment orders, litigation, and enforcement procedures, offering tailored solutions to complex legal challenges. For further context, see Debitura’s debt‑collection guide, which outlines local regulation and best practices.
PRICING MODEL
Ban, S. Szabo, Rausch & Partners offers a flexible fee structure tailored to individual needs. The firm generally operates on an hourly rate basis, ensuring clients are billed transparently for the time dedicated to their cases. Although primarily hourly, they are open to providing personalized price offers depending on specific requirements. Typically, they do not engage in a purely success fee arrangement, maintaining a more traditional approach to legal fees. This method underscores their commitment to equitable and fair pricing, ensuring clients know what to anticipate from the outset. For those interested in exploring their services further, the firm encourages potential clients to request a detailed quote to gain a comprehensive understanding of their fee structure and services tailored to individual needs.
Process
Debitura helps businesses tackle debt collection challenges globally. Debitura is a tech‑powered debt‑collection platform that routes every claim to vetted local experts for immediate, country‑specific action. Operating in 183 countries, the firm offers specialized services for each location, including Hungary. The no-cure-no-pay policy ensures that businesses only pay if their claims are successfully collected in Hungary. Businesses looking to collect debt in Hungary can benefit from its comprehensive debt collection agency Hungary guide, which covers critical topics such as statutory interest, timelines, and procedural insights. Explore Debitura’s Hungary debt-collection guide or tap into the broader Europe debt-collection network for effective solutions.
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We have written a detailed guide about debt collection. Click the button below to read it.
Premier Debt Collection in Hungary
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