Debt Collection in Italy

Debt collection is a suitable manner in which outstanding amounts can be recovered when dealing with bad taxpayers. In Italy, as in any other countries, one has the possibility of running into a company or individual failing to comply with their financial obligations which is why debt collection proceedings have been put in place in order to facilitate the recovery of any financial claims. There are two phases to the debt collection procedure in Italy: the first one is the extrajudicial phase, which is also known as the amicable debt recovery procedure, and the second one is the judicial phase which implies going to trial before an Italian court of justice. An amicable settlement is always preferred to the judicial phase because it is less time and money consuming.



The suitable manner for collecting the due amount will have to do with multiple issues, concerning the status of the debtor, whether a natural or legal person and, in the latter scenario, whether or not it is undergoing liquidation or bankruptcy.



The creditor can choose work with a debt collection agency or a debt collection lawyers, such as the experts from our team. Again, the choice can depend on the particularities of the case and whether or not there an attachment is placed on the assets of the debtor, (a situation in which it is preferable to work with a lawyer).



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is a suitable manner in which outstanding amounts can be recovered when dealing with bad taxpayers. In Italy, as in any other countries, one has the possibility of running into a company or individual failing to comply with their financial obligations which is why debt collection proceedings have been put in place in order to facilitate the recovery of any financial claims. There are two phases to the debt collection procedure in Italy: the first one is the extrajudicial phase, which is also known as the amicable debt recovery procedure, and the second one is the judicial phase which implies going to trial before an Italian court of justice. An amicable settlement is always preferred to the judicial phase because it is less time and money consuming.The suitable manner for collecting the due amount will have to do with multiple issues, concerning the status of the debtor, whether a natural or legal person and, in the latter scenario, whether or not it is undergoing liquidation or bankruptcy.The creditor can choose work with a debt collection agency or a, such as the experts from our team. Again, the choice can depend on the particularities of the case and whether or not there an attachment is placed on the assets of the debtor, (a situation in which it is preferable to work with a lawyer).Our team of debt collection specialists in Italy have experience in both extrajudicial recoveries as well as the enforcement of court decisions for the attachment of assets. Our services include complete assistance for debt collection in Italy and we can assist creditors from outside of the country who are interested in collecting amounts from local debtors.

Amicable debt recovery in Italy



Amicable debt recovery in Italy often implies recurring to the services of debt collection agencies. The standard procedure in amicable debt collection procedures begins by demanding the debtor to pay the outstanding amount. It is very important for the demand to be made both in written and by telephone. If the creditor receives no answer from the debtor, they can request the assistance of Italian lawyers who will draft an injunction letter. The letter will act as an out-of-court notice which informs the debtor they must pay the outstanding amount. The letter must contain:



- the principal amount owed,

- the interest,

- the late interest,

- the legal fees.



The debtor is also informed the amount must be paid within 7 or 10 days from receiving the letter.



In summary, an extrajudicial debt recovery process will include the following stages:

Step one: collect the necessary information on the nature of the payment, existing contracts, invoices, etc.

Step two: our team will prepare the initial demand or reminder letter in which we set out a pre-determined timeframe for the payment.

Step three: send out the second letter demanding payment that also includes a formal notice for the commencement of the legal procedures in the event of noncompliance.

Step four: in the event in which the debtor does not respond, our team will take the case to court.

Step five: oversee the enforcement procedure that will include the court-ordered collection of debt by attaching the debtor’s assets.



If the debtor is ready to make the due payment after the fourth step, our agents will handle the payment process and the payment installments if such agreed. In some case, we can decide on drawing up a binding agreement for the payment of the debt.



When the negotiation with the debtor fails or if he is not responding to the reminders and the notifications, then the creditor can, together with our team of

If the debtor is ready to make the due payment after the fourth step, our agents will handle the payment process and the payment installments if such agreed. In some case, we can decide on drawing up a binding agreement for the payment of the debt.When the negotiation with the debtor fails or if he is not responding to the reminders and the notifications, then the creditor can, together with our team of debt collection lawyers in Italy , initiate the judicial phase as described below.

Judicial debt recovery proceedings in Italy