Debt Collection Attorney in Vilnius – Law Firm VERUM
Law Firm VERUM is a premier law firm in Vilnius offering effective Debt Collection services in Lithuania, established in 2000, recognized by The Legal 500, and a member of LINEKA, serving Lithuania, Latvia, Estonia, and Poland.
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Company description
About Law Firm VERUM – Legal Debt Collection in Lithuania
Law Firm VERUM stands as a leading debt collection attorney in Vilnius, distinguished for its proficiency in legal solutions since 2000. With over two decades of experience, the firm has earned a reputation for delivering exceptional legal services across Lithuania, Latvia, Estonia, and Poland.
Proven Results
VERUM’s proficient handling of complex legal issues is evidenced by its recognition in The Legal 500, notably in transport and shipping sectors from 2021 to 2024. The firm has successfully represented clients in critical legal disputes, such as a notable case where it secured LTL 17,000 for a carrier in litigation against a freight-forwarding company. This achievement underlines VERUM’s expertise in defence and contract enforcement, solidifying its robust reputation in the legal community.
Our Process
The debt recovery process at VERUM is a structured approach that maximizes efficiency and success rates. The process begins with a comprehensive review of the client's claim and the debtor's financial situation.
- Conduct a detailed assessment of the client’s claim and debtor circumstances.
- Issue formal demand letters and facilitate negotiations during pre-judicial efforts.
- Develop payment schedules to recover debts efficiently without court involvement.
- Pursue judicial proceedings when necessary, representing clients in court.
- Manage enforcement through writs of execution and bailiff actions.
Meet the Team
Founded in 2000, Law Firm VERUM comprises a dedicated team of five experienced attorneys. Led by Managing Partner Mindaugas Šimkūnas, known for his expertise in transport and corporate law, the team includes renowned partners Albertas Buta and Vytautas Grieže, who specialize in diverse legal fields. Their combined expertise establishes the firm as a formidable force in the legal arena, offering clients consistent, high-quality legal representation.
Services & Industries
VERUM delivers comprehensive legal services across multiple industries, with particular strengths in transport and logistics, insurance, and real estate. The firm provides services ranging from corporate law consultation, insurance advisory, and judicial dispute resolution, making it a versatile and integral partner for clients across various sectors. For further context, see Debitura’s debt‑collection guide, which outlines local regulation and best practices.
PRICING MODEL
The Law Firm VERUM offers a transparent fee structure for its debt collection services. For standard legal work, the hourly rate is EUR 100.00. However, for pre-judicial debt collection tasks, including assessing a debtor's ability to pay, issuing payment notices, conducting correspondence, negotiating payment terms, and scheduling payments, a reduced attorney rate of EUR 75.00 per hour applies. This distinct pricing model ensures cost-effective solutions tailored to specific debt recovery needs. Businesses can benefit from the firm's expertise while managing costs efficiently. For more detailed pricing information or to discuss specific needs, request a detailed quote.
Process
Debitura streamlines the debt recovery process for businesses worldwide. 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 clients significant reach. In Lithuania, the no-cure-no-pay benefit ensures that clients only pay if a recovery is achieved, minimizing financial risks. Through the debt collection agency Lithuania, creditors gain insights into statutory interest rates and recovery timelines. For those looking to collect debt in Lithuania, the guide is invaluable. Explore more about Debitura’s extensive Europe debt-collection network to understand their comprehensive approach to international debt recovery.
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We have written a detailed guide about debt collection. Click the button below to read it.
Top-Rated Debt Collection Agency in Lithuania
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