Debt Collection Attorney in Luxembourg: CERNO
CERNO is a premier law firm in Luxembourg offering effective Debt Collection services in Luxembourg, positioning itself as the go-to partner for debt recovery since 2013, with memberships in the European Immigration Lawyers Network and AEA International Lawyers Network, serving 124 countries worldwide according to the firm.
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Company description
About CERNO – Legal Debt Collection in Luxembourg
CERNO, a distinguished law firm in Luxembourg, specializes in legal debt recovery, offering comprehensive solutions for debt collection since 2013. With a dedicated multilingual team and memberships in prestigious international networks, CERNO states that it serves clients locally and across 124 countries.
Proven Results
The firm states that its membership with the AEA International Lawyers Network extends its reach to 124 jurisdictions. Their commitment to high standards and successful outcomes is further evidenced by their association with the European Immigration Lawyers Network. By maintaining a focus on quality and professionalism, CERNO has established itself as a trusted debt collection attorney in Luxembourg.
Our Process
At CERNO, the approach to debt collection is structured yet flexible, ensuring tailored strategies for each client. It begins with an in-depth consultation to define client needs and goals. Following this:
- The legal team assesses the situation and outlines a strategic plan.
- A customized legal strategy is developed, focusing on negotiation and mediation.
- Regular updates and transparent communication are maintained throughout.
- Implementation of tailored actions, like interim measures to secure assets, is conducted.
- Resolution is achieved through efficient legal proceedings or settlements.
Meet the Team
CERNO boasts a highly skilled team of four professionals, led by founder Cora Essi Maglo. The firm also includes lawyer Sarah Bessah, Québec Bar Lawyer Abla Kékéli Maglo, and French Law Counsel Sophie Ferreira-Guedj. Their expertise across multiple sectors amplifies the firm's capacity to deliver bespoke solutions in complex debt recovery cases. The team's proficiency in various legal areas positions them as leading experts in international cooperation and investigations.
Services & Industries
CERNO offers a wide array of services focusing on civil and criminal asset recovery, including managing claims, enforcement procedures, and interim measures. Their diverse legal services are invaluable to industries like corporate law, domiciliation, and transport & logistics. For further context, see Debitura’s Luxembourg debt‑collection guide, which outlines local regulation and best practices.
PRICING MODEL
Cerno Law Firm employs a straightforward and flexible fee structure for its debt collection services, ensuring clarity in every engagement. The firm offers a flat-rate fee for pre-legal debt recovery, ranging from 200 to 500 EUR. During the litigation phase, services are billed at an hourly rate, with the cost communicated upfront. A success fee is also available, calculated on a contingency basis and tailored to the results achieved. This fee is in addition to the minimum fee, whether time-based or flat-rate, and is outlined in the engagement letter. Clients pay legal fees only upon successful recovery, although disbursements such as court fees are payable regardless of outcomes. All fees are subject to Luxembourg VAT. The firm collaborates with clients to decide on payment schedules, including deposits and invoicing terms, documented in an engagement agreement. Each case is unique, and clients are encouraged to request a detailed quote to understand the fee breakdown and terms before proceeding.
Process
Debitura matches each case to a vetted local partner and you pay a success fee only when money is recovered. Read how debt collection works in Luxembourg.
Services offered
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Debt Collection Agency in Luxembourg: No Win, No Fee
