EXPEDITED PAYMENT ORDER PROCEDURE
Are you struggling to meet monthly payment schedules?
Do you postpone your payment to the next month then realize the following month you will have to pay double?
In this stressful situation do you ignore all attempts to contact you? No longer look at reminder notices, read emails or take phone calls? Do you feel your future remains unclear?
If so let OK Incure explain the follow on process for a order for payment procedure:
In this scenario, a debt collection agency can immediately go to court and file an application to initiate a payment order procedure against you. It is the fastest form of procedure, with the lowest costs, the claim does not need to be proven, there is no court hearing and it is possible to obtain an enforcement order (payment order) which is then immediately enforceable. Consequently if the debtor does not pay the amount ordered by the court voluntarily to the claimant, the claimant has the right to apply to a bailiff for an enforcement proceedings order against the debtor.
A claim under the accelerated payment order procedure may not exceed EUR 6400 (including ancillary claims such as interest and default interest). If the amount is higher, the lawsuit will become more costly and time-consuming for both parties involved. The fast-track payment order procedure is submitted via the electronic portal E-file. After submitting the application, the court will resolve it within 10 days and send the payment proposal along with the objection form to the debtor.
If the debtor has not paid the amount specified in the payment proposal or has not objected to the payment proposal in time, the court shall issue an order to recover the amount due. If the debtor acknowledges the claim, it is possible to contact OK Incure and request the possibility of arranging a payment schedule.
Both parties must sign the payment schedule and submit it to the court, where it will be confirmed as a payment order together with the payment schedule, which in turn is a legal enforcement document. If the debtor objects, the case is transferred and becomes an action procedure, which involves higher costs and more time-consuming proceedings.
More information at https://www.kohus.ee/en/court-proceedings