Monetary Claim

We secure your claims and ensure the funds are deposited into your account

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Monetary Claim
Monetary Claim

Sterk Law Firm

Effective Management of Your Financial Claims in Norway

Effective Management of Your Financial Claims in Norway

Effective Management of Your Financial Claims in Norway

Having outstanding claims is a significant burden for most people. It weakens liquidity, consumes valuable time, and can threaten the entire existence of the business. Many hesitate to take up the challenge, either out of fear of damaging relationships or due to unfamiliarity with the regulations. However, allowing claims to accumulate is rarely a good solution. At Sterk Law Firm, you will have a dedicated attorney who assesses your claim and creates a tailored collection plan. We always recommend starting gently, with reminders and payment requests. Most debtors genuinely want to fulfill their obligations when reminded of them. We have effective routines for reminders and telephone collection, which yield results in most cases. The first step is to establish the legal basis of the claim. We examine whether the claim is outdated, disputed, or already legally settled. If necessary, we gather documentation or witness evidence. Then, we analyze the debtor's payment ability and prospects for coverage. Based on this, we recommend the next steps. Most of our cases are resolved out of court, but we also have extensive experience with conciliation boards and courts. With us, you won't have to spend valuable time familiarizing yourself with laws and regulations. You can focus on your core business while our attorneys handle the rest.

Having outstanding claims is a significant burden for most people. It weakens liquidity, consumes valuable time, and can threaten the entire existence of the business. Many hesitate to take up the challenge, either out of fear of damaging relationships or due to unfamiliarity with the regulations. However, allowing claims to accumulate is rarely a good solution. At Sterk Law Firm, you will have a dedicated attorney who assesses your claim and creates a tailored collection plan. We always recommend starting gently, with reminders and payment requests. Most debtors genuinely want to fulfill their obligations when reminded of them. We have effective routines for reminders and telephone collection, which yield results in most cases. The first step is to establish the legal basis of the claim. We examine whether the claim is outdated, disputed, or already legally settled. If necessary, we gather documentation or witness evidence. Then, we analyze the debtor's payment ability and prospects for coverage. Based on this, we recommend the next steps. Most of our cases are resolved out of court, but we also have extensive experience with conciliation boards and courts. With us, you won't have to spend valuable time familiarizing yourself with laws and regulations. You can focus on your core business while our attorneys handle the rest.

Having outstanding claims is a significant burden for most people. It weakens liquidity, consumes valuable time, and can threaten the entire existence of the business. Many hesitate to take up the challenge, either out of fear of damaging relationships or due to unfamiliarity with the regulations. However, allowing claims to accumulate is rarely a good solution. At Sterk Law Firm, you will have a dedicated attorney who assesses your claim and creates a tailored collection plan. We always recommend starting gently, with reminders and payment requests. Most debtors genuinely want to fulfill their obligations when reminded of them. We have effective routines for reminders and telephone collection, which yield results in most cases. The first step is to establish the legal basis of the claim. We examine whether the claim is outdated, disputed, or already legally settled. If necessary, we gather documentation or witness evidence. Then, we analyze the debtor's payment ability and prospects for coverage. Based on this, we recommend the next steps. Most of our cases are resolved out of court, but we also have extensive experience with conciliation boards and courts. With us, you won't have to spend valuable time familiarizing yourself with laws and regulations. You can focus on your core business while our attorneys handle the rest.

Advokatfirmaet Sterk
Advokatfirmaet Sterk
Advokatfirmaet Sterk

Effective Management of Your Financial Claims in Norway

Services

We secure your claims and ensure the funds are deposited into your account

We secure your claims and ensure the funds are deposited into your account

We secure your claims and ensure the funds are deposited into your account

Sterk Law Firm offers tailored solutions for the collection of monetary claims, both for individuals and businesses. Our attorneys have experience in collection, securing, and enforcement of claims, and can assist you throughout the entire process. Regardless of whether the claim is disputed or acknowledged, large or small, we will find the most effective method to collect the money.

Sterk Law Firm offers tailored solutions for the collection of monetary claims, both for individuals and businesses. Our attorneys have experience in collection, securing, and enforcement of claims, and can assist you throughout the entire process. Regardless of whether the claim is disputed or acknowledged, large or small, we will find the most effective method to collect the money.

Sterk Law Firm offers tailored solutions for the collection of monetary claims, both for individuals and businesses. Our attorneys have experience in collection, securing, and enforcement of claims, and can assist you throughout the entire process. Regardless of whether the claim is disputed or acknowledged, large or small, we will find the most effective method to collect the money.

Contact us

Contact Sterk Law Firm for legal assistance and advice. Our dedicated team of experienced lawyers is ready to find tailored solutions for your specific challenges.

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Person in a dark suit with crossed arms and a confident posture in front of a graphic background – professional representation

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Monetary Claim

Articles

Help

Frequently Asked Questions

1

What is a common monetary claim?

A regular monetary claim is a demand for a sum of money that is not secured by collateral or other security rights. The most common bases are invoices, promissory notes, or judgments.

1

What is a common monetary claim?

A regular monetary claim is a demand for a sum of money that is not secured by collateral or other security rights. The most common bases are invoices, promissory notes, or judgments.

1

What is a common monetary claim?

A regular monetary claim is a demand for a sum of money that is not secured by collateral or other security rights. The most common bases are invoices, promissory notes, or judgments.

2

What is a special enforcement basis?

A special enforcement basis is a document that provides direct grounds for enforcement without the need for a court judgment. The most important ones are promissory notes and bills of exchange.

2

What is a special enforcement basis?

A special enforcement basis is a document that provides direct grounds for enforcement without the need for a court judgment. The most important ones are promissory notes and bills of exchange.

2

What is a special enforcement basis?

A special enforcement basis is a document that provides direct grounds for enforcement without the need for a court judgment. The most important ones are promissory notes and bills of exchange.

3

What is the difference between a mortgage and an attachment?

A lien is a voluntary security provided by the debtor, while an attachment is a compulsory seizure of assets decided by the enforcement authority.

3

What is the difference between a mortgage and an attachment?

A lien is a voluntary security provided by the debtor, while an attachment is a compulsory seizure of assets decided by the enforcement authority.

3

What is the difference between a mortgage and an attachment?

A lien is a voluntary security provided by the debtor, while an attachment is a compulsory seizure of assets decided by the enforcement authority.

4

What are the main steps in a debt collection process?

The main points are 1) reminder, 2) debt collection notice, 3) payment request, 4) conciliation complaint, 5) petition for execution, 6) enforcement or bankruptcy.

4

What are the main steps in a debt collection process?

The main points are 1) reminder, 2) debt collection notice, 3) payment request, 4) conciliation complaint, 5) petition for execution, 6) enforcement or bankruptcy.

4

What are the main steps in a debt collection process?

The main points are 1) reminder, 2) debt collection notice, 3) payment request, 4) conciliation complaint, 5) petition for execution, 6) enforcement or bankruptcy.

5

What costs can be claimed from the debtor?

One can demand default interest and reminder fees according to the law. Collection fees and legal costs must be authorized by an agreement or court decision.

5

What costs can be claimed from the debtor?

One can demand default interest and reminder fees according to the law. Collection fees and legal costs must be authorized by an agreement or court decision.

5

What costs can be claimed from the debtor?

One can demand default interest and reminder fees according to the law. Collection fees and legal costs must be authorized by an agreement or court decision.

6

How long can one enforce a monetary claim?

The general statute of limitations is 3 years from the due date, cf. Limitation Act § 2. For agreements, there is often an additional period of 1 year after demand, cf. Limitation Act § 10. The bailiff may reject time-barred claims.

6

How long can one enforce a monetary claim?

The general statute of limitations is 3 years from the due date, cf. Limitation Act § 2. For agreements, there is often an additional period of 1 year after demand, cf. Limitation Act § 10. The bailiff may reject time-barred claims.

6

How long can one enforce a monetary claim?

The general statute of limitations is 3 years from the due date, cf. Limitation Act § 2. For agreements, there is often an additional period of 1 year after demand, cf. Limitation Act § 10. The bailiff may reject time-barred claims.

7

How much can one deduct from the salary?

Under the Enforcement Act, up to one-third of the salary that exceeds a specified exemption amount can be collected. Several wage deductions share this one-third portion between them.

7

How much can one deduct from the salary?

Under the Enforcement Act, up to one-third of the salary that exceeds a specified exemption amount can be collected. Several wage deductions share this one-third portion between them.

7

How much can one deduct from the salary?

Under the Enforcement Act, up to one-third of the salary that exceeds a specified exemption amount can be collected. Several wage deductions share this one-third portion between them.

8

Can one claim interest on a disputed claim?

If the claim appears acknowledged, interest can be claimed from the first reminder. If the claim is genuinely disputed, interest accrues only from the time a judgment has been rendered.

8

Can one claim interest on a disputed claim?

If the claim appears acknowledged, interest can be claimed from the first reminder. If the claim is genuinely disputed, interest accrues only from the time a judgment has been rendered.

8

Can one claim interest on a disputed claim?

If the claim appears acknowledged, interest can be claimed from the first reminder. If the claim is genuinely disputed, interest accrues only from the time a judgment has been rendered.

9

Can a repayment agreement be renegotiated?

There is a contractual right to renegotiate debt in cases of unforeseen circumstances or force majeure. However, it usually requires the creditor's consent.

9

Can a repayment agreement be renegotiated?

There is a contractual right to renegotiate debt in cases of unforeseen circumstances or force majeure. However, it usually requires the creditor's consent.

9

Can a repayment agreement be renegotiated?

There is a contractual right to renegotiate debt in cases of unforeseen circumstances or force majeure. However, it usually requires the creditor's consent.

10

Can collection notices be removed from credit records?

Yes, if the claim is statute-barred, disputed, or paid, you can contact the credit reference agencies and request that the record be removed due to incorrect registration.

10

Can collection notices be removed from credit records?

Yes, if the claim is statute-barred, disputed, or paid, you can contact the credit reference agencies and request that the record be removed due to incorrect registration.

10

Can collection notices be removed from credit records?

Yes, if the claim is statute-barred, disputed, or paid, you can contact the credit reference agencies and request that the record be removed due to incorrect registration.

Attorney Servet Yildiz Sterk Law Firm

Do you need help?

Contact us for assistance tailored to your specific needs.

Do you need help?

Contact us for assistance tailored to your specific needs.

Attorney Servet Yildiz Sterk Law Firm

Do you need help?

Contact us for assistance tailored to your specific needs.