Insolvency and Enforcement
When a business partner fails to pay or shows signs of financial difficulty, your company needs clear legal steps — not uncertainty.
I help clients understand their options, protect their interests and act quickly in both enforcement and insolvency situations.
My approach is practical and business-focused, aiming to minimise financial loss and keep each step predictable.
Enforcement and debt collection
Not every dispute should turn into litigation.
I support clients in taking effective, structured steps to recover outstanding payments:
▪ assessing the debtor's financial and legal position
▪ preparing and sending formal payment notices
▪ initiating enforcement procedures
▪ representing clients in court-based collection actions
▪ negotiating settlements when appropriate
The goal is to recover what is recoverable — without unnecessary delays or costs.
Insolvency procedures
If a partner enters liquidation or bankruptcy, timing and accuracy are essential.
I assist clients by:
▪ reviewing contracts and outstanding claims
▪ preparing and submitting creditor claims
▪ monitoring statutory deadlines
▪ representing the client during liquidation or bankruptcy
▪ developing realistic strategies to minimise financial loss
I provide clear, straightforward explanations so the process remains understandable, even when the situation is complex.
Support for foreign-owned companies
Foreign owners often find Hungarian insolvency and enforcement rules difficult to interpret.
I provide:
▪ clear English explanations of local requirements
▪ guidance on the most effective legal steps
▪ communication with administrators, courts or counterparties
▪ practical risk assessments to support business decisions
This helps companies react quickly and protect their interests in challenging situations.
For a broader overview of how this fits into the full legal lifecycle of a company, see Doing Business in Hungary.
Clear steps. Realistic outcomes.
Insolvency and enforcement matters require timely, well-informed decisions.
I provide structured guidance so your company can act with confidence.
If you need assistance with an enforcement or insolvency matter, feel free to contact me.
lilla.acs@dunalegal.com
