Debt Recovery Notice Generator for Germany

The Debt Recovery Notice (Mahnbescheid) is a crucial instrument in German debt collection procedures, regulated under §§688-703d of the German Code of Civil Procedure (ZPO). It is typically used when informal collection attempts have failed and the creditor wishes to pursue legal enforcement of an undisputed monetary claim. The document initiates a streamlined court procedure that can lead to an enforceable title without the need for lengthy court proceedings. The notice must contain specific information including the exact claim amount, interest calculations, and parties' details. It is particularly effective for businesses dealing with late payments or unpaid invoices, as it carries more legal weight than informal reminders and can lead to enforcement measures if the debtor fails to respond or pay. The document can be filed electronically through the court's online system, making it an efficient tool for systematic debt management.

1. Creditor Details: Full name and address of the creditor (including any legal representation)

2. Debtor Details: Full name and address of the debtor (including registration details if a company)

3. Claim Amount: Precise statement of the principal amount owed, clearly separated from other amounts

4. Interest Calculation: Specification of applicable interest rate and period, calculated according to §288 BGB

5. Claim Basis: Brief description of the legal basis for the claim (e.g., unpaid invoice, contract breach)

6. Payment History: Overview of any partial payments made and remaining balance

7. Payment Instructions: Clear instructions for payment including bank details and reference numbers

8. Legal Consequences: Statement of legal consequences if payment is not made within the specified period