Debt Collection Attorney in Budapest – Lajos Law Firm
Lajos Law Firm is a premier law firm in Hungary offering effective risk-free debt collection services, positioning itself as the go-to partner for debt recovery since 1997, with memberships in AmCham and Berkeley Global Society, and exclusive Debitura partnership providing No Cure No Pay collection under Debitura's risk-free standard terms.
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Company description
About Lajos Law Firm – Legal Debt Collection in Hungary
Lajos Law Firm, established in 1997, is a premier law firm based in Budapest, Hungary. As a dedicated debt collection attorney in Budapest, the firm has consistently delivered exceptional results for both local and international clients.
Proven Results
Lajos Law Firm has a proven track record of legal excellence, demonstrated by several successful lawsuits against the state where Hungarian laws conflicted with EU regulations. The firm is also a proud member of prestigious organizations such as AmCham, the Berkeley Global Society, and the Legal 500. This extensive network highlights the firm's commitment to upholding the highest professional standards and solidifies its reputation as a trusted advisor in commercial debt recovery.
Meet the Team
Led by Levente Lajos, a highly respected attorney, Lajos Law Firm boasts a team of seven multilingual professionals, including key figures such as Bálint Bartos, a Senior Partner with distinguished credentials. The team is known for its effective handling of complex legal matters and its ability to offer services in Hungarian, English, and Italian. Each member brings significant expertise, contributing to the firm's ability to provide tailored solutions across diverse legal fields.
Services & Industries
Lajos Law Firm specializes in various legal domains, with significant proficiency in civil litigation, mergers and acquisitions, tax, and insolvency law. The firm is especially adept at providing legal debt recovery services, showcasing its unrivaled expertise in pre-legal (amicable) debt collection in Hungary. As an exclusive Debitura partner, Lajos Law Firm offers risk-free, No Cure No Pay pre-legal debt collection services, setting a new standard in cost-efficient and effective legal solutions. This specialization is crucial for industries such as real estate and construction, where strategic debt management is critical.
With its regulatory oversight by the Hungarian Bar Association and continual updates to its Legal Entity Identifier (LEI), the firm instills trust and confidence among its clients. For further context on local regulations and best practices, see Debitura’s Hungary debt‑collection guide, which outlines local regulations and best practices.
PRICING MODEL
As an exclusive partner, Lajos Law Firm offers pre-legal debt collection services according to Debitura’s Standard Debt Collection Agreement and pricing structure.
Under this arrangement, there are no initial costs for clients. The "No Cure No Pay" model means clients only incur a success fee if Lajos Law Firm successfully recovers the debt.
If the firm does not manage to recover the debt, clients owe nothing, exemplifying the risk-free nature of this approach.
What success fee applies?
The success fee is influenced by several factors including the debtor's location, the claim's size, and its age. Generally, larger and newer claims command lower fees.
To explore detailed pricing information, visit: https://www.debitura.com/pricing
Legal Action
Occasionally, disputes or unsuccessful recovery attempts may necessitate legal action. This step falls outside the standard No Cure No Pay agreement. Should legal proceedings be required, Lajos Law Firm provides a custom quote via the Debitura platform for client consideration and approval.
Process
To submit a debt-recovery claim to Lajos Law Firm, please first create a free profile on Debitura. Once registered, upload your claim through the Debitura portal, where the exact success fee will be clearly displayed prior to submission. During this process, you will digitally execute a Power of Attorney (PoA) via the Debitura platform, authorizing Lajos Law Firm to carry out pre-legal debt collection activities on your behalf.
Debitura’s Standard Debt Collection Agreement
As an exclusive Debitura partner, Lajos Law Firm operates under Debitura’s Standard Debt Collection Agreement. The Agreement also defines the Minimum Service-Level Requirements that must be met throughout the pre-legal stage.
Pre-Legal Debt-Collection Workflow
The exact collection strategy is tailored to each case, yet it generally follows these steps:
- Step 1 — Case approval (≤ 48 hours): Lajos Law Firm reviews the submitted documentation and confirms acceptance of the claim.
- Step 2 — Investigation: The debtor's economic and financial situation is assessed, including verification through public records.
- Step 3 — Contacting authorities: Offices and authorities are contacted via email, telephone, or in-person, if necessary, regarding any pending proceedings.
- Step 4 — Formal demand notice: A written demand for payment is issued to the debtor.
- Step 5 — Multi-channel collection campaign (3–6 months): A coordinated campaign involving letters, emails, phone calls, and SMS messages is used to secure full payment. If immediate settlement is not achievable, an installment agreement is negotiated and signed.
- Step 6 — Monitoring: Regular updates are provided to the client on the status of the case, ensuring transparency and informed decision-making.
- Step 7 — Legal escalation (optional): If pre-legal efforts do not succeed within six months, Lajos Law Firm may recommend initiating legal proceedings. Legal action falls outside the scope of the Standard Debt Collection Agreement. All associated costs will be clearly quoted in the Debitura portal and will require explicit written approval before proceeding.
Debitura provides seamless global debt collection solutions with a tech‑powered platform. The firm efficiently routes claims to vetted local experts, ensuring prompt, country‑specific action. With operations in 183 countries, it offers clients in Hungary a no‑cure‑no‑pay benefit, guaranteeing cost-effectiveness. By choosing Debitura, businesses can connect with a specialized debt collection agency in Hungary for effective debt recovery. The comprehensive Hungary debt-collection guide equips creditors with vital details concerning statutory interest rates and collection timelines. Explore Europe’s expansive debt‑collection network to discover more about regional services and benefits tailored to diverse market needs.
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Premier Debt Collection in Hungary
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