Debt collection

Law Office Rašid Haračić manages the debt collection procedure for local and foreign natural and legal persons in the territory of Bosnia and Herzegovina.

As part of the debt collection process, we provide the following services:

• Verification of debtor’s bank account details with the Central Bank of BiH;
• Investigation and identification of debtor’s movable and immovable property;
• Out-of-court settlement of debts;
• Filing for litigation and enforcement proceedings related to debt collection before courts in BiH;
• Representation of parties in litigation and enforcement proceedings related to debt collection;
• Identification and valuation of objects and means of enforcement;

Prior to resorting to courts, our team will attempt to collect any amounts due by contacting the debtor with a request for out-of-court settlement.

If the client is forced to take the claim to court, our team assesses the cost-effectiveness of such litigation and enforcement proceedings relative to the claim.

If the attempted out-of-court settlement is unsuccessful, we file a motion for the court to determine the validity of the creditor’s claims and, once the court decision is final and enforceable, we file a motion for enforcement and enforce the collection of debt pursuant to an enforcement order.

Debtors frequently try to conceal their assets to prevent the creditor from collecting the debt. In such cases, we investigate the debtor’s assets and their account balance, identify any immovable property owned by the debtor, vehicles or other movable property, as well as any debts owed to the debtor by third parties that could be subject to enforced collection.