What is debt collection?

Debt collection describes the business of recovering external debts by a registered legal service provider. If payment is not received for goods or services purchases, a debt collection company is charged with recovering the outstanding amount.

Our registrations & partnerships

Registered collection company

Member of

Partner of

Member of

Collection process.

PAIR Finance takes over the entire debt collection process for its clients. Our aim is to work together to find an out-of-court solution in order to save you additional costs and unpleasantness.

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Extrajudicial collection procedures
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Court collection procedures
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Post-judicial collection procedures
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Monitoring
PAIR Finance is a licensed debt collection company in accordance with section 10 para. 1 RDG (Legal Services Act) and registered with the Court of Appeal in Berlin.

PAIR Finance - Digital debt collection.

As a digital debt collection company, we use a digital communication strategy which is tailored to you. Using our innovative technology, our highly-motivated, skilled team can work with you to find the right solution.

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Extrajudicial collection procedures
Individual.

We attempt to contact you in the way that suits you best to make sure that we can find a solution to recovering your debt before it reaches the courts. The options include e-mail, text messages and messenger services, or even by post or in person. Thanks to the digital communications methods, you can react quicker and pay the outstanding debt in just a few clicks.

Individual.
Transparent.

We try to find the best time to make contact so we can get your attention amid the hustle and bustle of everyday life. We see you as a partner in the debt collection process and help you get a better understanding of things by approaching you directly and adjusting the text of our messages to suit you.

Fair.

With an efficient process and a range of potential solutions, we want to work with you to find a solution and keep the process costs as low as possible for you.

Visa Mastercard Barzahlen SEPA Klarna Apple Pay Google Pay Re-Commerce Manuelle Überweisung Ratenzahlung Stundung

Further process.

If we do not reach an out-of-court agreement with you, our legal department will initiate legal proceedings and legal enforcement. Don’t let it get that far, get in touch with us!

Court collection procedures
Court collection procedures

As part of the court collection procedure, a default summons is applied for to the court, followed by an enforcement order. The application to the court results in further costs for you. The subsequent enforcement order extends the period of limitation and your open debt can be recovered for a period of 30 years.

Post-judicial collection procedures
Post-judicial collection procedures

The execution process following legal proceedings can involve attachment of wages or salary, or even seizure of assets by the court officer. The court officer can also obtain official asset information from you personally. These steps in the proceedings will result in significant additional costs to you.

Monitoring
Monitoring

Even years after the order is issued, you can still be pursued and forced to pay your outstanding debt. PAIR Finance uses various digital and analogue sources to continuously obtain new findings about your current financial situation and continue the process efficiently and effectively.

Customer satisfaction.

12,6%
2,9%
6,5%
11,9%
66,1%
unsatisfied satisfied

We have already helped a lot of people find a solution which is individually tailored to their financial situation. Most of them are grateful to us and are very satisfied with the debt collection service.