Debt Collection in Austria
An international debt collection service.
Pay only upon success
Debt collection conducted locally in Austria
24/7 online access
Do you have Austrian clients who do not pay?
It can be tiring to have unpaid invoices from clients abroad,
and it is hard to persuade foreign clients to pay what they owe.
Start using Oddcoll to easily get paid.
Efficient debt collection carried out directly in Austria
Oddcoll is a platform with hand-picked debt collection agencies and law firms in your customers’ countries.
So that you can recover your unpaid invoices with ease.
Our Austrian debt collection partner
What are the benefits of letting a debt collection agency in Austria collect your claims? Due to national Austrian legislation and business culture, you need an Austrian Debt Collection Agency to recover your claim effectively. You will hence maximize your chances of getting paid, and you ensure that the debt recovery is in accordance with the law.
Our Austrian Debt Collection Agency is Demondo GmbH & CO. KG.
Could you briefly describe your company?
Demondo’s roots lie in the classic debt collection business. With Straetus Germany (www.straetus.de), we were able to make a big difference in the market and we can look back on a long and fruitful history. Our strengths have always been to respond to the special requirements of our customers and to develop tailor-made solutions. We have increasingly implemented individual projects for ambitious customers from a wide range of industries and developed unique know-how.
What does your debt collection process look like? What do you do in the amicable stage to get paid.
Our solutions include debtor portals, innovative payment options, state-of-the-art reporting tools and even powerful solutions for large associations. A particular focus of our portfolio is on international, worldwide debt collection. Our solutions enable you to monitor your business activities around the world from a single workstation.
When taking legal action, does the customer get back the costs they need to pay?
In normal cases every party pays for themselves but if the case is won by us, the debtor pays the costs and vice-versa.
The Stages in Austrian Debt Collection
Out-of-court collection in Austria
The first step is to try to recover debt without the need for legal action since it is not in any of the parties’ interests to proceed in court. The Debt Collector sends Dunning letters and the debtor is, at the same time, made aware that non-payment can lead to legal action initiated against him. This is done for the purpose of getting the debtor to understand how serious the matter is.
Legal Actions in Austria
In order for settle cases faster and easier, there is a mandatory simplified procedure for payment orders in Austria. It is applicable for all claims not exceeding 75,000 Euro. If the Creditors application meets all formal requirements, the payment order is served the debtor. The Debtor then has four weeks to file a contest. If he does, as a result, the ordinary dispute procedure begins instead. If the debtor does not contest the claim, the creditor consequently receives an enforceable copy of the payment order, This can later be used in the Enforcement procedure.
As a result of the Judicial phase, the creditor now has an enforcement order. Either an enforceable copy of the Payment Order or a judgment from a normal court proceeding. But what if the debtor still does not pay?
The creditor then needs to apply for Enforcement and choose the type of assets to be enforced. (movable goods, Receivables, Real estate.) If the application meets all the standards, a bailiff carries out the Enforcement measures to recover the debt.
Top reviews from customers
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