Terms & Conditions of KNP Financial Services GmbH
Out-of-court debt collection nationally and abroad
Pursuing of uncontested open claims with a court of jurisdiction in Austria
| Capital | Client |
| Collection fees of the client | Client |
| Interest on arrears | KNP Financial Services GmbH |
| Collection costs of the collection agency (according to Federal Law Gazette 141/1996 as amended) | KNP Financial Services GmbH |
| In case of uncollectibility the client does not bear any costs |
| Till the third working day of handover to KNP Financial Services GmbH | free of charge |
| From the fourth day from transmitting the file to KNP Financial Services GmbH | Fee requiered |
Judicial debt collection nationally and abroad
Pursuing of uncontested and contested accounts receivable with court of jurisdiction in Austria that are claimed according to the out-of-court intervention. Valid in case of accounts receivables with national court of jurisdiction if an international dunning procedure (european order for payment) is in place, for other cases an individual request is needed
| Cash expenditures (e.g. court fees for a claim, execution request etc.) | Client |
| Capital | Client |
| Collection fees of the client | Client |
| Interest on arrears | KNP Financial Services GmbH |
| Collection costs of the collection agency (according to Federal Law Gazette 141/1996 as amended) | KNP Financial Services GmbH |
| Cash expenditures (e.g. court fees for a claim, execution request etc.) | Client |
| In case of contested accounts receivables, lawyer’s fee (according to the Attorney's Tariff Act) | Client |
| Cash expenditures (e.g. court fees for a claim, execution request etc.) | Client |
| Lawyer’s fee (according to the Attorney's Tariff Act) | Client |
| Collection costs of the collection agency (according to Federal Law Gazette 141/1996 as amended) | Client |
| Interest on arrears | Client |
Trial loss - in case of contested accounts receivable
| Lawyer’s fee (according to the Attorney's Tariff Act) | Client |
All tariffs exclude 20% VAT and in case of pursuing a case abroad exclude local VAT.
General Terms and Conditions of KNP Financial Services GmbH apply.
