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Debtors not paying and courts closed? Don't sit back idly! E-arbitration - 5 reasons why you should use it

Debtors not paying and courts closed? Don't sit back idly! E-arbitration - 5 reasons why you should use it

Debtors not paying and courts closed? Don't sit back idly! E-arbitration - 5 reasons why you should use it

Debtors not paying and courts closed? Don't sit back idly! E-arbitration - 5 reasons why you should use it

Debtors not paying and courts closed? Don't sit back idly! E-arbitration - 5 reasons why you should use it

14 Apr 2020

 

Reason 1 - The standard time for resolving a case in Ultima Ratio is 3 weeks

Thanks to a specially designed platform, where the arbitrator handles the case, deliveries are made, parties present evidence and exchange all correspondence, the current average case duration is 14 days. According to Ultima Ratio's rules, cases should not last more than 3 weeks. 

See how legal documents are submitted and correspondence is conducted in the chat on Ultima Ratio. 

 


 

Reason 2 - After signing the contract, the debtor cannot object to the case being heard by Ultima Ratio and request its 'transfer' to a public court

An arbitration clause is usually part of a contract - most often of sale, delivery, lease, or commissioning. Such a clause in a contract on Ultima Ratio is treated by law in the same way as other important provisions of the contract - for example, the quantity of goods ordered or price. Therefore, after signing a contract with an arbitration clause, a party cannot later withdraw from the arbitration or change their mind, without the other party's consent. A case with an Ultima Ratio clause can only take place in Ultima Ratio. When the plaintiff files a case on our service - for example, for an overdue invoice - the defendant has no way to object to it being heard by Ultima Ratio and demand its transfer to a public court.

Reason 3 - The judgment of Ultima Ratio can be enforced by a bailiff

According to Article 1212 of the Code of Civil Procedure, an arbitration court judgment has the same legal force as a state court judgment. To have the Ultima Ratio judgment enforced by a bailiff, it must be given a writ of execution. Applications for this are reviewed by appellate courts in closed sessions. The average time for this is one and a half months.

Reason 4 - Proceedings before Ultima Ratio are fast, convenient, and inexpensive

The entire proceedings take place on the Internet and everything can be handled without leaving the office. Evidence can be anything that can be saved as a computer file - document scans, screenshots, videos, audio recordings, emails, etc. 

Reason 5 - Ultima Ratio is not mediation. It has nothing to do with the e-court in Lublin

Ultima Ratio is an arbitration court, operating under the provisions of the Code of Civil Procedure on arbitration courts. It is thus an alternative method to state courts for resolving disputes. It is independent of state arbitration and has no ties to state courts.

Electronic arbitration thus creates a protective umbrella for invoices issued by your company. Forget about stress, payment demands, nerve-wracking phone calls with reminders, the somber atmosphere at home, ruined trips, and all such inconveniences resulting in a lack of any motivation to continue running the business. When your debtors realize that they actually have to pay your invoices because otherwise, a bailiff will knock on their door in a few weeks - cash flow problems in your company will resolve themselves.

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