Lithuanian bailiffs recover 189.5 million euros in first-half debt collection

Lithuanian bailiffs successfully recovered 189.5 million euros in debts for creditors in the first half of 2026, representing a significant 27% increase from the previous year.

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The positive influence on debt recovery results was due to some debtors deciding to withdraw funds accumulated in second-pillar pension funds.

The bulk of these recovered funds, amounting to almost 158 million euros, were channeled back to private individuals and legal entities, showing a substantial 31.5% year-on-year growth. Meanwhile, state institutions saw a 7% increase, receiving 31.5 million euros.

According to the Chamber of Bailiffs, the positive trend in debt recovery was partly influenced by debtors withdrawing funds from second-pillar pension accounts. This allowed for more successful seizures from bank accounts, boosting the actual sums recovered. The rate of successfully completed debt recovery processes, where creditors' claims were fully satisfied, reached 69% in the first half of the year, a 14% improvement over the same period last year.

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This led to an increase in cases where debts could be recovered from funds in bank accounts, as well as an increase in the actual amounts recovered.

Despite this improvement, the Chamber of Bailiffs cautioned that it might be temporary. Many legal facilitators that slow down debt recovery for debtors remain in effect, including reduced income deductions and "debt holidays," except for those deemed unconstitutional in alimony cases. In the first half of the year, 400 auctions were held, but bailiffs noted this remains an exception, with most debts recovered from debtors' income and other funds rather than asset sales. The total amount of demanded debts continues to climb, reaching 5.34 billion euros by June 30, a 5% increase from the previous year.

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However, this improvement may be temporary, as almost all legal facilitators that slow down recovery remain in effect for debtors: reduced deductions from income and 'debt holidays,' except for 'debt holidays' recognized as unconstitutional in alimony recovery cases.