§ Sec­tion 647 BGB Con­trac­tor’s lien

In accordance with Sec­tion 647 BGB , the con­trac­tor has a sta­tu­to­ry pledge of rights to the cus­to­mer’s items brought in or repai­red by him on account of his claims ari­sing from the con­tract if they came into his pos­ses­si­on during manu­fac­tu­re or for the pur­po­se of repair.

Your cli­ent does not pay? We enforce your pledge of rights.

We offer legal­ly com­pli­ant and effi­ci­ent solu­ti­ons for the rea­liza­ti­on of receiv­a­bles for com­pa­nies in the indus­tri­al main­ten­an­ce, auto­mo­ti­ve, air­craft and boat buil­ding and rela­ted sec­tors.

Legal­ly secu­re enforce­ment of claims by public auc­tion

As gene­ral­ly publicly appoin­ted, sworn auc­tion­eers, we are aut­ho­ri­zed to rea­li­ze claims based on sta­tu­to­ry and con­trac­tu­al pled­ges of rights by public auc­tion — legal­ly com­pli­ant and eco­no­mic­al­ly effi­ci­ent.

Unbu­reau­cra­tic and effi­ci­ent pro­ces­sing

Your claims are enforced wit­hout leng­thy legal pro­cee­dings. Our exper­ti­se gua­ran­tees a struc­tu­red and rapid rea­liza­ti­on of your col­la­te­ral.

Imple­men­ta­ti­on usual­ly within 4 to 5 weeks

Ear­ly com­mis­sio­ning eli­mi­na­tes signi­fi­cant delay fac­tors:

• No dun­ning or legal pro­cee­dings requi­red
• No court appoint­ments or enforce­ment pro­cee­dings neces­sa­ry
• No wai­ting times for bai­liffs.

Cost-effi­ci­ent enforce­ment — wit­hout any other upfront finan­cial out­lay

Your sta­tu­to­ry pledge of rights ari­ses by law imme­dia­te­ly upon the debtor’s default in pay­ment. By ins­truc­ting us, you avo­id

• Cos­ts for debt coll­ec­tion agen­ci­es
• Fees for deb­tor inves­ti­ga­ti­on, remin­der noti­ces and court pro­cee­dings
• judi­cial or ext­ra­ju­di­cial sett­le­ments
• Advan­ces for bai­liffs and experts.

Remu­ne­ra­ti­on: Our remu­ne­ra­ti­on is main­ly based on the buy­er’s pre­mi­um — you only incur the expen­ses for the legal­ly requi­red public announce­ment; as a rule, the­re are no fur­ther cos­ts or finan­cial advan­ce pay­ments.

Con­clu­si­on

The rea­liza­ti­on of col­la­te­ral by way of public auc­tion is a legal­ly secu­re, fast and eco­no­mic­al­ly sen­si­ble alter­na­ti­ve to leng­thy and cost-inten­si­ve court pro­cee­dings. Cont­act us at an ear­ly stage to enforce your claims effi­ci­ent­ly.