We are the leading law firm for the debt collection industry
We empower the collection agencies with specialized and enhanced legal support
Engström & Hellman is a market leader within the field of debt collection law. We have a long history of collaborating with key players in and around the collections industry. Our team includes some of the most reputable experts in the field. As a full-service firm, we handle everything from high volumes of ongoing litigation to matters regarding compliance and licensing by applying a cost-effective approach. Moreover, our expertise covers other areas which require an in-depth understanding of the unique circumstances surrounding the industry.
A Selection of Services
In debt collection operations, disputes inevitably arise that require resolution through the courts. With many years of experience managing both high volumes of routine litigation and more complex cases for collection agencies in Sweden and across Europe, we are able to provide cost-effective solutions, even in cases involving lower claim values. We can also assist with individual contentious cases or support your organisation during periods of high demand.
Non-Performing Loans (NPLs)
Non-Performing Loans (NPLs)
We assist companies in the finance and debt collection industries in navigating the new NPL (Non-Performing Loans) legislation. Our experienced team of legal specialists is dedicated to supporting you throughout the entire process—from applying for necessary permits to ongoing advisory services and compliance with regulations. With our help, you can confidently and efficiently manage non-performing loans and strengthen your position in the market.
Assignment of Claims
Assignment of Claims
The transfer of claims portfolios involves numerous legal considerations that can significantly affect a transaction's profitability. With extensive expertise in the debt portfolio sale process, we provide valuable support whether you are acquiring or transferring a portfolio. Our deep understanding of business logic and valuation enables us to help you effectively identify both risks and opportunities.
Licensing and Regulatory Matters
Licensing and Regulatory Matters
Debt collection agencies operate in a regulated market with stringent compliance requirements. We support your company in applying for a licence to conduct debt collection activities, as well as with licence renewals, authorisations, and the transfer of debtor records. Additionally, we offer guidance and representation during oversight by the Financial Supervisory Authority and can assist with appeals against regulatory decisions in court, if necessary.
Operational Support and Compliance
Operational Support and Compliance
With our extensive experience in debt collection, we offer consultancy support for your operations. This includes developing template documents, reviewing compliance, and evaluating the effectiveness of your company’s internal legal processes. We also provide assistance with legal research and quality assurance for investigations conducted by your organisation.
GDPR and Data Protection Matters
GDPR and Data Protection Matters
In debt collection operations, extensive personal data on individuals’ financial circumstances is processed, necessitating robust internal processes and procedures. With our specialised expertise in debt collection, we support both high-level policy development and industry-specific matters, such as automated processing, profiling, and data retention. Additionally, we provide assistance during regulatory audits or in the event of data incidents.
Enforcement of Foreign Judgments
Enforcement of Foreign Judgments
Debt recovery legislation varies worldwide, and local expertise is sometimes required to enforce or collect claims established or arising abroad. Our in-depth knowledge of Swedish legislation enables us to support you or your clients cost-effectively in matters involving Swedish authorities and courts.
Training
Training
We provide training for debt collection agents, finance staff, and individuals in leadership positions on matters related to debt collection and NPL legislation, including laws governing debt recovery and enforcement, best practices in debt collection, and data protection. We can also develop training programmes tailored to the specific needs of your organisation.
Our Team
Ellinor Blanckenfiell
Head of Litigation Coordination / Senior Associate
031-757 99 04ellinor.blanckenfiell@engstromhellman.se