15 July 2026
Debt Collection in Serbia
Learn the main methods to recover a debt in Serbia, whether you are a company or an individual, and get legal representation from our Serbian lawyers.
If you are interested in debt collection in Serbia, we suggest you explore this information. We assist in key methods for recovering money, whether you are a company owner or an individual. Plus, we can direct you to our Serbian lawyers for legal representation in debt recovery.
| Quick Facts | |
|---|---|
| Who can contact our debt collection lawyers in Serbia? | -companies, -banks, -institutions, -individuals. |
Types of debt collection in Serbia | Amicable (out-of-court) and judicial/enforcement procedures |
Legislation | -Law on Enforcement and Security, -Law on Obligations, -Law on Bankruptcy. |
| The first step in debt recovery | Send notice to debtor |
| Amicable collection of debts | Parties can reach an agreement through calls, letters, settlements and payment plan. |
| Debt recovery in the court of law | Lawsuit or enforcement request through the court. |
| We can prepare cases for further legal actions (YES/NO) | YES |
| Negotiations | Settlement or rescheduling can be discussed. |
| New payment schedule proposed | Situation possible and common in the amicable phase |
| Is the amicable procedure available in bankruptcy cases in Serbia? (YES/NO) | NO |
| The time frame to recover debts in Serbia | Weeks/ months (amicable) and months/ years (in court) |
| Customized approach | Yes, strategy can be tailored to each case through our lawyers in Serbia. |
| International cases of debt collection | Foreign creditors/judgments can be enforced. |
| No-win no-fee services | Rare in Serbia, as most lawyers charge fixed or hourly fees. |
| Why work with our law firm in Serbia? | Our Serbian attorneys offer local expertise, full support, and efficient recovery. |
How are debts collected in Serbia? What are the available options?
Through the amicable procedure or through litigation.
What are the steps in debt recovery in Serbia? How can a debt collection lawyer help me?
- we will solicit information about the debt/money to be recovered,
- then, we will notify debtors through a payment reminder on their unpaid debts via phone, email, or messages,
- amicable negotiations can start once debtors respond to our claim,
- if debtors agree, we can negotiate new payment terms,
- once new terms & conditions are accepted, payments can be made,
- if amicable resolution is not an option and debtors do not respond to our legal notices, the case may proceed to court.
NOTE: The amicable debt recovery process is the most successful. However, recovering outstanding debts through this method can be complex, and in most cases, the solution lies in court.
We invite you to observe the debt recovery stages in this infographic:
What types of debts can be recovered in Serbia?
- loans/credits,
- unpaid invoices,
- commercial debts involving business contracts/companies,
- unpaid provider services, and many others.
Can I verify the status of a debt recovery case in Serbia?
Yes, with the help of our lawyers in Serbia, who constantly communicate with the customers. Any update will be provided.
Can foreign companies collect debts in Serbia?
Absolutely. Our debt recovery lawyers in Serbia handle such cases.
What happens if a debtor cannot pay after legal notices are sent?
This is a complex case that requires court proceedings.
IMPORTANT: Our Serbian attorneys will commence legal action on behalf of clients.
What types of execution measures are imposed in a debt recovery case in Serbia?
- bank funds, salary, or other personal assets can be seized.
- what happens when new payment terms are settled?
- debtors and creditors are notified of this decision and how it is enforced.
What is no collection no fee policy?
The services offered by our debt collection lawyers in Serbia are guided by certain principles that can be explained to clients before the collaboration begins. For example, this is the “no collection, no fee policy” that ensures clients do not pay anything if the case is not successful.
Why is it advisable to collect debts with a Serbian specialist instead of acting on my own?
Our debt collection lawyers in Serbia have expertise in the field, are familiar with applicable legislation, and can recover debts quickly.
In addition to assistance with debt recovery in Serbia, you can also opt for other services. For example, we can help you with immigration to Serbia. Our specialists can handle the formalities for residency in Serbia if you are interested. Moreover, foreigners who already have residency can apply for Serbian citizenship through our legal services. Do not hesitate to contact our law firm in Serbia for information on debt collection and other business-related matters.