Information on the contractor’s pledge of rights (contractor’s lien)
Rely on the power of your pledge of rights!
The realization of pledged assets by public auction offers a legally secure, fast and economically efficient way of realizing outstanding receivables — especially in the event of the client’s unwillingness or inability to pay. Compared to lengthy and costly debt collection procedures, it is generally the least complicated solution.
Leading freight forwarders and international logistics companies regularly rely on our expertise and commission us with the professional implementation of their pledge of rights.
We carry out:
§ Section 647 BGB Contractor’s lien
§ SECTION 647 BGB: The contractor has a pledge of rights for his claims arising from the contract to the movable property of the customer manufactured or repaired by him if it 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 a generally publicly appointed, sworn auctioneer, we are authorized to realize claims based on statutory and contractual pledges of rights by public auction — legally compliant, quickly 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 immediately when the debtor defaults on payment. By instructing us, you avoid
- Costs for debt collection agencies
- Fees for debtor investigation, reminder notices and court proceedings
- 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.
