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1. Costs – No Win No Fee!

Having long standing relationships with all our overseas partners we have agreements to provide these services on a NO WIN NO FEE basis charging the agreed commission rate against monies recovered only.

2. Coverage in Lithuania

Lithuania is divided into 10 counties with the largest being Vilnius county. Our local office is in the capital Vilnius so we are centrally located to recover debts throughout all of Lithuania.



3. Local Experience

Unlike many of our competitors all cases are handled by the local office or partner. The reasons for this are they speak the debtors’ language, in this case Lithuanian is spoken by 97% of the population. These are reasons why Creditreform are the ideal people to help you in collecting debts from overseas.

4. Statute of Limitation in Lithuania

10 years is most common but there are many special exemptions so whatever the age please contact us and we will advise if we can assist with your claim

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Lithuania Debt Collection – No Win No Fee


Creditreform operates a global specialist International debt collections service. We have local offices and fully approved expert international debt collection agency partners in every country worldwide. All our International debt collection agency partners and offices operate on a No Win No Fee basis charging an agreed commission against monies recovered only.

Main reasons why a local country debt recovery agency is so important rather than trying to recover from a debt collection agency UK are as follows:

The local International Debt collection Partners know:

  1. The local cultures
  2. The languages
  3. The laws
  4. Are in the same time zones


Herewith details of our debt collection service Lithuania

Location of debt recovery office in Lithuania?


Number of debt collection staff?

25 staff

How long have you been operating a debt recovery service in Lithuania?

Since 1993

What type of debt collection services do you provide? Do you do commercial debt recovery (B2B) and consumer debt recovery (B2C)?

We do both commercial debt collection (B2B) and consumer debt collection (B2C)

Statue of Limitation in Lithuania?

The most common is 10 years, but can be shortened for different claims till  5, 3,1, 1/2  year and  even 1 month (for the claims related to results of the tenders)

How EU (European Union) laws effect debt collection in Lithuania?

Not directly, until the requirements of EU directives are transposed into law

How many companies registries in Lithuania for businesses (i.e. UK has just 1 central registry)?

1 central state owned  Register of Legal Entities

What is the debt collection process in Lithuania?

There are two very important aspects of the legal environment related to debt collection in Lithuania:

  1. Long and complicated bankruptcy process both for legal entities and (especially) for private persons
  2. Excellent and rather cheap online court system  with quick and simple operation and accordingly  quick (simplified) court decisions.

Average length of time to collect a debt?

1. pre-trial recovery:  approx 60 days
2. simplified court:   3 days- two weeks,
3. court of dispute :  approx 6 months for court of first instance;  about 12 month for court of second instance and 5 years for Supreme Court
4. Bailiffs : not limited

Can late payment fees / interest to be added to claims?

YES, 40€ for businesses.
Not described by law for private persons yet but limited by court to 5-10 percent of debt value

Lithuanian Business Credit Reports

Creditreform provides over 88 million international business credit reports throughout Europe and 200 million international business credit reports worldwide. There are about 325,290 legal entities registered in the Register of Legal Entities, of which 181,700 are live and active companies. Through our online databases you can download Lithuanian business credit reports instantly. This can be done prior to trading to make sure the company you will be dealing with can meet the commitment or once the debt becomes overdue to ensure the debtor can meet the amount owed.

Specialist Debt Recovery Experts

There are many unique requirements to recovering international debts in all countries including Lithuania debt collection services which differ from the UK and therefore it is very important that cases are handled directly by our expert international debt collection agencies and not from debt collectors UK. This method of international debt collection sets Creditreform aside from the competition who in many cases try and recover debts from a UK debt collector only. Using the local offices and partners enables us to achieve a far greater success rate and our No Win No Fee service together with competitive commission rates against monies recovered only ensures you get the best service.

“We are pleased with the friendly and efficient service of Adrian Harding and staff at Creditreform in collecting outstanding overdue debts on our behalf. Some accounts, especially those located overseas have been difficult customers but we are pleased with the high rate of success. We also appreciate that they keep us informed and constantly updated on the progress of the collection”
Bryan de Beer, Phoenix Fragrances
“Within 48hrs of Creditreform being involved a resolution was agreed and within the week paid in full. The professionalism of the Creditreform team was second to none and I would and indeed do recommend them to colleagues in a similar difficult position This situation was the first time we have had to employ a company for debt recovery and it was good to feel that you have someone else ‘on your side’.”
Dean Lake, Lake Contracts
“We have been using Credit Reform for a number of years now and we have always been dealt with in a professional and friendly way. Over time, Creditreform have managed to achieve good results for us. Would definitely recommend.”
Anna Zhakrova, Catering Hygiene Specialists Ltd
“I have worked with Creditreform for many years and always received a first class service. Keep up the good work”
Russell Hardwick, MSC Industrial