Author
Frederik Vestergaard
Attorney · debt recovery and litigation
Frederik conducts debt-recovery and bailiff-court cases for Rieck and writes the firm's legal guides — from demand letters to payment orders and attachment.
Written by Frederik
20publications2figures
The 310 kr. fee that almost nobody charges
Renteloven § 9 a (the Danish Interest Act) entitles every business to 310 kr. per overdue invoice. On a single invoice it is small change. That is exactly why it is never collected.The reminder is not a prompt. It is evidence
Everyone writes reminders as though the debtor had forgotten the invoice. He has not. The real recipient of the reminder sits in the bailiff's court.The threshold at 100,000 kr.
The simplified debt collection procedure is cheap, fast and requires no lawyer. It stops at 100,000. kr. That is where most collection agencies stop as well.Debt collectionHow to draw up an instalment plan that can be enforced
AfterwardsYou are left with an agreement that can be taken straight to the bailiff's court if it is breached — without having to obtain a judgment first.The reminder processHow to calculate interest and fees correctly
AfterwardsYou charge what you are entitled to — interest from the right date, fees on the right letters, and nothing that can be knocked down.Debt collectionHow to choose between in-house collection and a debt collection agency
AfterwardsYou know where the line runs between doing it yourselves and passing the case on — and what the two options actually cost you.Debt collectionHow to handle an objection
AfterwardsYou know when an objection is genuine, what to do straight away — and when the case has to be brought as court proceedings.Before the case arisesHow to write terms and conditions that entitle you to interest and fees
AfterwardsYour terms entitle you to interest, fees and costs — and they have been accepted, so you can actually rely on them.Debt collectionHow to collect a claim abroad
AfterwardsYou know what it takes to collect a claim outside Denmark — and when it is worth leaving it alone.Before the case arisesHow to write a credit policy that is actually followed
AfterwardsYou have written rules for who gets credit, how much, and what happens when payment does not arrive — and those rules are followed.Before the case arisesHow to credit-assess a new customer
AfterwardsYou know who you are giving credit to — and how much you are willing to give — before the invoice goes out.Legal proceedingsHow to tell whether the case belongs in the bailiff's court
AfterwardsYou can decide whether a legal step is worth taking — before you spend money on it.Legal proceedingsWhat to do when your debtor goes bankrupt
AfterwardsYou know how to file the claim, where in the queue you stand, and what you can realistically expect to recover.The reminder processHow to write a notice of collection that holds up
AfterwardsYou have sent a formal demand that meets the requirements of the law — so the case can be handed over, and the costs can be charged to the debtor.The reminder processHow to send a reminder that holds up
AfterwardsYou can send three reminders and a collection notice that hold up legally — and that make the debtor pay the costs.The reminder processHow to set a reminder cadence that works
AfterwardsYou have a fixed cadence that runs by itself, treats every customer the same way and shortens the time from invoice to payment.Legal proceedingsHow an enforcement hearing works
AfterwardsYou know what happens in the bailiff's court, what you get out of the hearing — and what a declaration of insolvency means for the claim.Debt collectionHow to send a claim to debt collection
AfterwardsYou know exactly when a case has to move on, what to send with it, and what the debtor will end up paying themselves.Before the case arisesHow to secure the claim before you deliver
AfterwardsYou know which form of security fits the transaction — and when it has to be agreed for it to hold.Legal proceedingsHow to stop the claim from becoming time-barred
AfterwardsYou know when your claim expires, how the limitation period is interrupted, and what gives you ten years instead of three.Or let us do it for you
Everything in here is written so that you can do it yourselves. If you would rather have the deadlines, the fees and the bailiff’s court run on their own, we will take it from there.
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