BV Partners Law Firm has long been cooperating with various financial enterprises, with particular focus on clients engaged in work-out factoring, receivables management or lending activities. Our services cover the entire receivables management process - from the initiation of legal proceedings through financial administration and the handling of customer complaints to ensuring regulatory compliance.

Complex legal services for financial enterprises

Receivables management today is no longer merely a legal matter, but also an issue of process organisation and compliance. Recognising this, our law firm has established a cooperation structure with financial enterprises that simultaneously ensures efficiency, legality and compliance with supervisory expectations.

Detailed description of our services

Legal management of NPL portfolios

For our clients managing portfolios of non-performing loans (NPL), our law firm provides:

• the full conduct of the legal enforcement of receivables,

• the prompt initiation of the necessary litigation, non-litigation and enforcement proceedings,

• legal support for reaching settlements with debtors, if this becomes necessary.

The efficient case handling is supported by automated procedural workflows developed with several financial enterprises.

Payment order and enforcement proceedings

In mass receivables management, speed and the error-free preparation of proceedings are of primary importance. BV Partners:

• undertakes the initiation of mass payment order proceedings in an electronic system;

• provides full legal representation in enforcement proceedings, until the final recovery of the receivable;

• ensures the protection of the interests of financial enterprise clients even in foreign currency loan or enforcement lawsuits.

Our lawyers work in close, day-to-day cooperation with the staff of financial enterprises, and therefore the legal representation is not only formal, but also operationally effective.

Financial administration and back-office support

The law firm's own back-office department assists the accurate tracking of debtor payments, the documentation of individual instalment payments and the related financial administration. This is particularly important from the point of view of mass case handling and supervisory inspections.

Handling of customer complaints, legal advice

In the financial sector, the proper investigation of customer complaints is of particular importance. Our law firm provides legal advice in:

• the establishment of complaint-handling processes in compliance with the law,

• the substantive and formal compliance of customer communication,

• representation, where necessary, before the MNB, the Financial Arbitration Board or in court proceedings.

Preparation and updating of policies

The activities of financial enterprises require detailed regulation - in the form of internal policies, complaint-handling procedures and risk-management protocols. Our law firm participates in the:

• preparation of such policies upon the introduction of a new service,

• updating thereof if a legislative or supervisory change occurs.

Supervisory proceedings - licensing, compliance

We also represent our clients in licensing and supervisory proceedings conducted by the National Bank of Hungary (MNB). We assist in:

• obtaining licences (e.g. establishment, extension of activities, change of managing director, acquisition of influence),

• the lawful conduct of supervisory proceedings,

• the practical application of supervisory guidelines in corporate policies.

If, as a financial enterprise, you are looking for a reliable and experienced legal partner for receivables management, lending activities or ensuring supervisory compliance, please concact BV Partners Law Firm with confidence. We ensure smooth, legally grounded operation - from day-to-day administration to strategic representation.