From Negotiation To Legal Action

From Negotiation To Legal Action

From Negotiation To Legal Action

  • Claim Type: Maritime Debt Collection
  • Problem: Debtor refuses to settle

Not every maritime debt requires immediate court proceedings.

After reviewing the evidence, a formal legal demand may be appropriate. In some circumstances, communication through experienced maritime counsel can lead to settlement discussions.

If negotiations do not resolve the matter, the creditor can then consider the legal remedies available in the relevant jurisdiction.

The appropriate strategy depends on the value of the claim, evidence, vessel position, debtor circumstances, jurisdiction and commercial considerations.