Can the Creditor Claim From the Debtor for Costs of Debt Collection? (e.g. Fees for Debt Collection Services, Attorney Fees, Litigation Costs) in Germany?
Contributed by Dr. Stephan Ebner, DRES. SCHACHT & Kollegen, Germany.
Yes, it is the debtor who must pay all the costs that are involved with the debt collection, no matter whether it is an amicable debt collection or a state-run debt collection through a bailiff.
The term “all costs” mean attorney fees and fees related to translation, notarization, certification, and so on.
Contributor: Dr. Stephan Ebner
Agency/Firm: DRES. SCHACHT & Kollegen
Position/Title: Rechtsanwalt, Attorney at Law (NY)
Country: Germany / USA
For more posts contributed by Dr. Stephan Ebner and DRES. SCHACHT & Kollegen, Germany, please click here.
The Q&A Global is a special column run by CJO Global, and serves as a knowledge-sharing platform to facilitate peer learning and networking, and to provide the international business community with a global landscape of this industry. This post is a contribution from Dres. Schacht & Kollegen. Dres. Schacht & Kollegen was founded in 1950 and is a law firm with four offices in Germany. They advise and represent domestic and foreign companies, institutions and individuals in all legal and strategic matters.
