Debt collection in Ukraine

For this, the claimant must choose a court where the case will be heard Usually, the general courts or the commercial courts are hearing this type of judgments

The procedure of debt collection in Ukraine starts with the submission of the claim The creditor must pay the filing costs (state duty and fees for technological support of the procedures) If an appeal is submitted, only a half of the state duty must be paid

Usually, a term of two months is necessary to reach a decision, in case of the first instance courts but if the case is appealed at the Supreme Court and Superior Commercial Court and other appeal courts the whole process can reach a period of 12 months but also The term may be extended to a period of three months

The decisions taken by the courts of appeals can be appealed at the Supreme Court of Ukrainem, while the decision taken by the commercial courts of appeal may be appealed at the Superior Commercial Court of Ukraine

If not appealed, the decisions of the first instance courts become effective in the 11th day from their announcement If appealed, the decision becomes valid only after it is revised by the appeal courts

If the decision for debt collection in Ukraine is taken in the advantage of the creditor, then the enforcement procedure may start The following steps must be taken: an officer of the State Enforcement is reaching the debtor and asking him to respect the decision taken by the Court, the bailiff is searching for the debtor’s assets, the debtor’s property is seized, the debtor’s bank accounts are accessed in order to cover the claims and if necessary (if the funds are not sufficient) the goods of the debtor are offered in a public auction

Meet us in Ukraine

• Recognition of EU Court Decision in Ukraine
• Enforcement of a Court Decision in Ukraine