News
28 September 2020
Effective work of judicial officers raises Lithuania to the top of the Doing Business 2020 ranking
In 2020, Lithuania rose to 11th place in Doing Business – business community's most important ranking, published annually by the World Bank. This is the highest position achieved by Lithuania since the announcement of the said ranking.
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20 July 2020
Statistics of quarantine: 39 percent less new debts were submitted to judicial officers
68.9 thousand new claims for forced debt recovery were submitted to judicial officers during the first six months in 2020. This is 39 percent less than during the same period last year.
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30 June 2020
A new procedure for sending judicial officers' documents will come into force on July 1st
Amendments to the Code of Civil Procedure will enter into force on 1 July, which will speed up and reduce the cost of informing participants in the forced debt recovery process.
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21 April 2020
Even though judicial officers are continuing their work, around 4.3 million euros of debts will not be paid to creditors in April
During the past five weeks of quarantine, the possibilities of actual debt recovery in Lithuania have decreased by half. Judging by the statistics of judicial officers, approximately 4.3 million euros of debts will not be paid to creditors in April, i.e. the amount of returned debts will be 4.3 million euros less than the usual amount repaid within a month prior to the declaration of an emergency. In March, the amount of actually recovered debts decreased by about 15 percent which is approximately 645 thousand euros.
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