Get your money back

Seminar

Bulgaria Legal &

Bulgaria Property
Action Group
 BULGARIA –
A WORD THAT TERRIFIES
YOU?

Find a solution to
your investment
problem
 Bulgaria Legal Law Office
Established in 2007 as a separate recognized body

Developed to give you the most suitable advice for you

Our advice

Start court
proceedings only
if the financial
result at the end
can be justified
Three ways to resolve a dispute

• Negotiation

• Mediation

• Litigation
• Get a Legal report H
O
• Check the Company/Person’s W
assets – it is important for two T
reasons: O
 Gives you room for different settlement
solutions B
E
 It will be the first step before court G
proceedings I
N
You should look for a settlement!
“I tried to negotiate
and they just lie to me,
it’s a waste of time
to do this any longer”

During negotiations, we usually learn two

major things:
• are there any other assets protected
• the typical counter party behavior
 COURT CASE
Court fees - 4% up front on the amount
claimed

No win - no fee basis claim.

Do not confuse them with
injury claims before UK and European
Courts.
Benefit – saving on the
solicitor fee.
 EXECUTIVE PROCEEDINGS
+
• Execution order
• “Execution judge” - “bailiff” in the
Anglo-Saxon’s legal system
• Public sale
• Approximately 2500 properties
have been sold at public sales last
year*
* According to one of the Sofia Supreme Court judges
 Thank you for
your attention!

Galina Georgieva
Senior Partner
www.bulgaria-legal.com
(UK) +44 (0)191 640 8899 or (BG) +359 (0)52 604422.