
Debt collection activities in Lithuania may be conducted by way of court proceedings. Cases are considered in accordance with general Lithuanian legal regulations relating to disputes or those relating to order for payment proceedings.
In addition to the general requirements, an application for the issue of an order by the court must also contain:
- name, personal code and address of the creditor, and if the creditor is a legal person – his full name, registered office, code, bank account number and the name and address of the creditor’s representative;
- name, personal code (if known), address and place of work (if known) of the debtor, and if the debtor is a legal person – his full name, registered office, code, bank account number (if known) and the details of his financial institution (if known);
- the amount of debt that we wish to collect;
- if the payment of interest is applied for – interest rate, interest amount and the period for which they have been calculated;
- type of debt and its legal basis as well as evidence in support of the application for payment;
- a reasoned application for the use against the debtor of temporary protective measures, if they are justified, as well as information on the debtor’s property;
- confirmation that none of the following situations has occurred: the creditor has failed to perform his obligation (or part thereof), for which payment is required, and the debtor requires that it be performed; it is impossible to perform the obligations in part and the creditor requires the performance of that part; the debtor resides abroad or its registered office is abroad; the debtor’s place of residence or work are not known;
- list of documents enclosed with the application.
Debt collection activities in Lithuania using court procedures is made more simple due to the use of a standard form, approved by the Minister of Justice and available on the website of the National Court Administration.
It is important for those conducting and intending to conduct debt collection activities in Lithuania is that, in the course of the activities described above, representation by a Lithuanian attorney-at-law is not mandatory.