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Outside the United States, the manner in which debt can be collected is vastly different. We understand the need to comply with local custom and practice. Holger Siegwart, Esq. has practiced law and collected debts in Germany for many years before he was admitted as an attorney in the United States, too. He is very familiar with the legal ramifications of debt collection in Germany and knows the strategies used by debtors in Germany to avoid collection.
SIEGWART GERMAN AMERICAN LAW applies this unique experience for the benefit of corporate and individual US based-creditors.

  • Evaluation of Claims: At SIEGWART GERMAN AMERICAN LAW we have the expertise to determine whether your claims will be enforceable under German law, whenever your debtor or debtor’s property is located in Germany. We are also able to evaluate defenses raised against claims under German law.

  • Bilingual Support: Take advantage of our ability to communicate with your debtors in Germany in their native language and use our legal expertise at the same time.

  • Payment Plans: SIEGWART GERMAN AMERICAN LAW negotiates, drafts, monitors and enforces settlements and payment plans in Germany; our goal is prevention of litigation, whenever possible. However, Holger Siegwart, Esq. has litigated cases in Germany for many years and, thus we are able to timely and thoroughly prepare litigation, if necessary.

  • Debtor search in Germany: It is extremely difficult to locate someone in a foreign country if you are not very familiar with local procedures and mechanisms. In many instances, time is of the essence. We know how to identify and track down debtors in Germany, both corporate and individual.

  • Asset search in Germany: Asset search in a foreign country is a challenging task. SIEGWART GERMAN AMERICAN LAW assists clients with the identification and location of debtors’ property in Germany, including real property, bank accounts, etc. We can help you to obtain credit reports on debtors in Germany, both corporate and individual. 

  • Bankruptcy in Germany: SIEGWART GERMAN AMERICAN LAW advises clients whose debtors have filed for bankruptcy in Germany. Certain rights and claims survive bankruptcy under German law. You may be a privileged creditor and have a preferential right to payment. We assess your options and help you to make a decision on whether to participate in bankruptcy proceedings against debtors in Germany.

  • Fraudulent Transactions: Fraudulent transfers by debtors, which affect a creditor’s recovery, may be set aside. This is true whether or not the debtor files for bankruptcy. Applicable statutes of limitations and substantive requirements differ from US law. Strict compliance is critical in order to preserve creditors’ rights. Swift action is recommended since both, assets and evidence may disappear.

  • Pierce the corporate veil: Insolvency or bankruptcy of a corporate debtor is not always a bar to recovery. German law provides for many exceptions which allow creditors to pierce the corporate veil and establish personal liability of officers and directors who may be pursued in their individual capacity.


 


 

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