Having open access to knowledge, professional advice and other legal services is vital for successful business operations. We meet these requirements reliably and professionally.
Legal services
LTh provides general legal services in all fields of law both for court actions and administrative work. Over the years, the company’s clients have included commercial and savings banks, local authorities, companies of all sizes and private individuals. Our lawyers have particular expertise in the fields of claims, property law and the settlement of estates. The main types of work we undertake include:
- Pleading cases before district courts and the Supreme Court
- Settlements of compensation claims for physical injury
- Pleading cases (for plaintiffs and defendants) involving property defects
- Assistance with division of estates at death and settlement of inheritance issues
- Drawing up purchase contracts and handling conveyancing and other registration
- Establishment and registration of public and private limited companies
- Defence action in criminal cases
- Collection of claims in arrears
- Other general legal advice and representation
Through our work for Hafnarfjörður Savings Bank and Íslandsbanki, we at LTh have acquired extensive knowledge and experience of services for financial companies and expertise in all matters relating to financial instruments and their establishment, execution and legal status.
Debt collection
LTh is a specialised debt-collection agency. As the only one of its type operating in Hafnarfjörður, it has assisted the town’s main institutions and companies with the recovery of their debts ever since its foundation in 1950.
Rapid growth and urbanisation took place in Iceland after the Second World War, especially in the southwestern corner of the country. Iceland’s economy had been mainly agricultural and rural and the country lacked the infrastructure of a modern society; capital was in short supply and the small communities had to meet demands on many fronts at once. Under these circumstances, local financial companies played a key role, and for a long time, the Hafnarfjörður Savings Bank was our largest client for debt-collection services. Other important clients over the years have included neighbouring municipalities in the metropolitan area, and pension funds and also, in recent years, one of Iceland’s large commercial banks, Íslandsbanki. We also assist numerous residents’ associations with the collection of their dues.
LTh is a member of the European Collectors’ Association (ECA). This came into being when some of Europe’s the longest-standing debt-collecting firms decided to create a common forum to work for greater efficiency and security in the recovery of arrears claims across borders.
Our membership of the ECA gives our clients access to high-powered collection companies all over the world which provide reliable services at fixed prices.