Accounting

Demand for payment in Polish Debt Collection

Accounting


Demand for payment in Polish debt collection

In a situation when your Polish debtor fails to fulfill his obligations - does not respond to phone calls, text messages, follow-up letters and emails reminding him of a payment, there comes the time to inform him about the sanctions that might be issued against him in case of a further delay in payments. This solution is definitely much more restrictive, but usually effective, because it informs our debtor about legal and financial consequences in case there is a necessity to start legal proceedings. Very often it is a very effective form of recovering claims at a fairly early stage.  

Interest ? How to calculate it ?

The answer is here: Late Payment Interest in Poland

What, therefore, a demand for payment in Poland should look like?

As per Polish Law a properly written demand for payment shall include:

  • the date and place where the letter was prepared
  • the definition of a debtor and a creditor
  • the title "Demand for payment"
  • The outstanding amount, the VAT invoice number or the contract number stating the outstanding amount, the payment due date and the rate of interest calculated due to the delay in payment
  • The bank account number where payments should be made, the due date of the outstanding payment and the method of payment (bank transfer, cash)
  • Information on the consequent measures the debtor shall take in the case of the lack of response to the demand for payment
  • The legal basis
  • The stamp, the position, contact information of the person preparing the letter including their signature

 

Contact our debt collection lawyers

Please address your enquiries to: info@dudkowiak.com, we will do our best to answer to you e-mail within 24 hours. 


Anna Szymielewicz

Lawyer

Anna Szymielewicz

Attorney-at-law, Partner

Anna Szymielewicz
Piotr Glapiński

Lawyer

Piotr Glapiński

Attorney-at-law, Counsel

Piotr Glapiński