JUDICIAL RECOVERY
If negative outcomes after extra-judicial activity or if urgent matters, DCE continues its action by implementing a judicial stage through its company lawyers, including its network of partners lawyers all over the national territory.
The legal action is taken after a prior check debtor’s solvency (assessment of both economic and patrimonial assets) in order to ensure the highest costs-effectiveness and costs’ certainty.
The judicial action is taken before the competent court according to a specific plan set out in advance to comply with the agreed terms.
The legal aid can be required from time to time or automatically taken after a specific debt recovery management.
We follow all steps of the legal action
- Injunction
- Writ of summons
- Order to pay
- Foreclosure
- Preservation order
LITIGATION FUNDING
Litigation Funding or contingency fee is the solution that DCE implements by accredited law firms in order to minimize its clients’ financial risks.
The client has a unit cost for the legal action in addition to the out-of-pocket expenses (copies, notification, etc.) which are clearly and transparently documented (copy of article no. 13 of the Consolidated Law Judicial Expenses and Presidential Decree no. 115/2002 Court Fee, so-called “Contributo Unificato”,
In case of successful outcome, it is applied a percentage on the amount collected by the client as priorly agreed.
In case of unsuccessful outcome of debt recovery judicial action, the client shall not pay legal costs and fees to the lawyer.
In the Anglo-Saxon world, this is a “no win no fee” agreement.