SMART AND EFFICIENT
DEBT COLLECTION

We are an intelligent debt collection company, collaborating with attorneys who specialise in debt recovery. Our goal is to always stay one step ahead of the debtor.

SERVICES

Debt collection

We recover various types of debt ( from loans, wages, construction contract, etc.). From our experience, choosing the right strategy can yield good results even in complex situations (e.g., in cases of bankruptcy). Perhaps your business has debtors that you never seem to "get around to", "don't have time for", or simply find it "unpleasant to dig into the past"? Leave it to us. We work with debts of 3,000 EUR and above. We only get paid when you do. The success fee is discussed on a case-by-case basis, but typically ranges from 10 to 30%.

Debt purchase

We purchase various types of debt (wage arrears, outstanding loans, etc.). The price of the debt depends on various circumstances, such as: the age of the debt, the debtor's solvency, the grounds on which the debt arose, the debtor's ability to dispute the debt, and so on.

Dispute legal cost financing

Litigation can be quite costly. If your dispute is promising, we will offer to finance the legal costs of such a dispute (attorney fees, expert examinations, court fees) in exchange for a certain percentage of the amount awarded or otherwise recovered (e.g., through a settlement agreement reached during the dispute). We take on all the risk. If the case is not won, you owe nothing.

International debt collection

If the debtor is located in a country other than Lithuania, we will help recover the debt through our partners in that country. The success fee in such cases is determined separately based on the specific circumstances of the situation.

Verification of partners, suppliers and other parties.

Many people face a situation where, before signing a contract, they want to ensure that a new partner, supplier or other party is reliable and capable of fulfilling their obligations. In many cases, a simple internet search is considered sufficient. We dig deeper and verify whether the person has previously been associated with or managed a company that went bankrupt, whether any asset freezes have been applied to their (or their company's) assets, whether they have been a party to legal disputes, whether the company pays its taxes on time, and whether any licence or certificate has been revoked (e.g., this is particularly important for construction companies), and so on. An individual analysis is carried out in each case, and the price is determined based on the scope of the verification.

The total value of debts currently under administration amounts to:
0 Eur

FEEDBACK

Tomas S.

Client of UAB "Krolada"
For a long time, our company had debtors that we could not dedicate sufficient time to. The team at UAB "Krolada" resolved this — part of the debts were recovered, and payment schedules were arranged with others. We are grateful for the professional assistance.

Jurijus I.

Client of UAB "Krolada"
Thanks to the team at UAB "Krolada", a long-standing debtor repaid the majority of the debt, even though it had seemed as though this would never happen. Thank you for your help.

Paulius U.

Client of UAB "Krolada"
What we particularly appreciated was that UAB "Krolada" takes an active approach and, when voluntary recovery was unsuccessful, helpfully assisted in pursuing the matter through the courts.

Povilas Š.

Client of UAB "Krolada"
We handed over a debt owed by a bankrupt company to UAB "Krolada" for administration. After some time, the former director of that company made contact and offered to repay part of the debt on behalf of the company. Thank you for the excellent result.

About US

UAB “Krolada” has been operating since 2014. Over more than ten years of activity, we have accumulated a wealth of valuable experience in debt recovery and debt purchasing.

Our advantage is that we work individually with each debt, thoroughly analyse the situation, honestly outline the debt recovery prospects to our client, and make every effort to ensure that the debt is recovered.

Contacts

Do not delay the decision on debt recovery — every overdue day is the debtor’s victory and your defeat.

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