For international creditors

Debt recovery in Slovakia and the Czech Republic

A Slovak or Czech company owes your business money? We are a law firm and licensed receivables manager. We recover commercial claims for foreign creditors — with all communication in English and local paperwork handled for you.

Statement of claim — principal, interest and costs calculated to the cent

Why instruct a law firm

Debt collection agencies write letters. As attorneys we can take your claim all the way: court proceedings, enforcement and insolvency filings. Under Slovak and Czech law, recovery costs and attorney's fees are, as a rule, claimed against the debtor — not borne by you.

Our firms are registered with the Slovak and Czech Bar Associations and carry professional indemnity insurance of €1.5 million (Slovakia) and CZK 50 million (Czech Republic).

Full legal powers

Attorney demand letters, payment orders, litigation, enforcement and insolvency claims — one engagement covers the entire path.

Both jurisdictions

We operate in Slovakia and the Czech Republic, so a mixed portfolio of debtors does not require two separate firms.

English throughout

Instructions, status reports and advice in English. Slovak and Czech filings, hearings and correspondence are handled by us.

Transparent reporting

You always know the stage of your case, the next step and the costs involved — before we take it.

Our services

What we do for foreign creditors

Claim & debtor assessment

We review your documentation and check the debtor in the commercial, insolvency and enforcement registers, then recommend the most sensible course of action — before you spend money.

Attorney demand letters

A formal pre-action demand from a local law firm, claiming principal, statutory interest and recovery costs — often the fastest route to payment or settlement.

Court proceedings

Payment orders, ordinary litigation and EU instruments such as the European Payment Order and the European Small Claims Procedure for cross-border claims.

Enforcement

Enforcement of Slovak, Czech and foreign EU judgments and arbitral awards through court enforcement officers — bank accounts, receivables, movables, real estate.

Insolvency representation

Filing and defending claims in bankruptcies and restructurings, monitoring insolvency registers, and representing creditors in creditor bodies.

Portfolio management

Ongoing management of receivables portfolios: debtor monitoring, systematic dunning, interest calculation and reporting for your accounting.

How it works

From first email to recovered funds

You never need to travel to Slovakia or the Czech Republic.

1

Send your documents

Email us the invoices, contract and correspondence with the debtor.

2

Assessment & proposal

We assess the claim and the debtor and send you a recommended strategy with a fee proposal.

3

Recovery

Once you approve, we act: demand letter, court proceedings, enforcement or insolvency filing as appropriate.

4

Funds & reporting

Recovered amounts are remitted to you with a final statement of the case and costs.

Fee models are agreed case by case — hourly rates, fixed fees per stage, or success-based arrangements for suitable claims, and you always receive a concrete quote before we start. For orientation: ongoing receivables management starts at €50 per month and taking over representation, including an attorney demand letter, starts at €200. Where the law allows, recovery costs and attorney's fees are claimed against the debtor.

Accurate to the cent

Every accessory of your claim, precisely calculated

Default interest, statutory compensations and costs are calculated to the cent under the applicable legislation and your contract — including partial payments and their correct allocation across hundreds of cases. Where the law allows, partial payments are applied to accessories first, so creditors recover everything they are entitled to.

Your accounting department receives clear statements of principal, interest and payments received — ready to book.

Why the order of allocation matters — a model example

An invoice for €50,000 with default interest of 9% p.a. The debtor made two partial payments of €10,000 over three years. The only difference below is the order in which the payments are allocated:

Position after three years Payments applied to principal Accessories first (statutory approach)
Remaining principal €30,000.00 €38,548.60
Unpaid interest and flat compensation €10,840.00 €3,469.37
Creditor's total claim €40,840.00 €42,017.97

By allocating payments to the flat compensation and interest first, the principal stays higher for longer — and keeps bearing interest. In this example the creditor recovers €1,177.97 more, and the difference grows with every further year of default. This is a model calculation; exact figures depend on the actual payment dates and rates.

From practice

Typical situations we handle

Exporter with unpaid invoices from a Slovak or Czech buyer

A foreign supplier delivered goods, the buyer stopped paying and ignores reminders sent from abroad. We verify the buyer in local registers, send an attorney demand letter claiming interest and costs, and take the claim to court if payment does not follow.

Creditor holding a foreign judgment or award

A business already won its case abroad, but the debtor's assets are in Slovakia or the Czech Republic. EU judgments are directly enforceable here — we handle the enforcement proceedings through local court enforcement officers.

Debtor entering insolvency

A foreign creditor learns its debtor filed for bankruptcy or restructuring. We file the claim within the statutory deadline, represent the creditor in the proceedings and monitor the insolvency register throughout.

The situations above are illustrative. The appropriate course and outcome of each case depend on its specific circumstances.

Free guides

How debt recovery works here — explained in English

Before you contact us, you may want to understand the process, deadlines and costs. Our guides walk you through both jurisdictions step by step:

Contact

Tell us about your claim

Send us a short description of the claim and the debtor. We will review it and come back to you with a recommended course of action.

Phone+421 948 209 013
Emailoffice@konfrero.com
Address
Plynárenská 1, BBC1
821 09 Bratislava, Slovakia
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