Mag. Balazs Esztegar LL.M., Rechtsanwalt

At the law office of Mag. Balazs Esztegar LL.M., Rechtsanwalt, founded in 2014, we primarily support small and medium-sized enterprises and startups with comprehensive legal advice. Our three-member team provides representation in proceedings before Austrian courts and administrative authorities.

Collection of Cash Debts in Austria

Austrian law provides a validated method for the collection of cash debts with the use of a dunning process. This allows the plaintiff to carry out debt collection in a standard, judicial manner, keeping expenses minimal. Claims up to the amount of EUR 75,000,000 can be handled by the plaintiff in court via a claim for dunning.

The Court Proceedings

On the basis of this claim for dunning, the court initially issues a conditional payment summons ("Zahlungsbefehl") without a trial and serves it upon the defendant. The court summons the defendant to pay the unrevised claim or respond with an objection against the payment summons ("Einspruch gegen Zahlungsbefehl") within four weeks.

If no objection arrives within this timeframe, the payment summons becomes both enforceable and final (“res iudicata"). Following this, the plaintiff can initiate the execution by the court.

Our team is experienced and efficient in representing our clients’ interests in such matters. Join our list of satisfied clients today.