In a context where commercial debts are frequent and many creditors are unable to collect, the study Rodríguez Lawyers & Associates recommends following a structured legal process to recover money owed.
1. Payment request
The first step is send a notarized letter to the debtor company or person. This document serves as formal proof that an attempt has been made to resolve the conflict directly, which will be useful if the case escalates to other instances.
2. Conciliation process
If the request is not successful, you must go to a conciliation center. A conciliator calls both parties to a hearing to seek an agreement, either through a lump sum or in installments.
3. Judicial route
When an agreement is not reached and there is no arbitration clause, the final option is to go to the Judiciary. There a lawsuit is filed requesting that a judge order payment of the debt. Although the process can be long, it is usually the most effective means to obtain results.
Rodríguez Lawyers & Associates emphasizes that early legal advice can avoid errors of form or substance that delay collection. Understanding and correctly applying these steps is essential in an environment where informality still represents an obstacle.
Key data
- Institution: Rodríguez Lawyers & Associates
- Recommended stages: Demand for payment, conciliation, judicial means
- Initial document: notarial letter
- Competent authority: Judiciary (if there is no arbitration clause)
- Aim: Legal recovery of business or personal debts
Frequently asked questions
What is the first legal step to collect a debt?
Send a notarized letter of request to the debtor.
What is a conciliation?
It is a process in which a neutral third party helps the parties reach a payment agreement.
When to go to the Judiciary?
When no agreement is reached and there is no arbitration clause in the contract.
Is it useful to have legal advice from the beginning?
Yes, it prevents errors and speeds up the collection process.
What value does a notarial letter have?
It is legal proof of the attempt to collect directly prior to judicial action.
