The French Economical Situation

France has 4 branches with major problems

– The fashion retail with an increase of 17 % of the bankruptcies in 2016
– The transport business (+8 %)
– The Hotels
– The food business (bakeries and butchers)

Geographically the major difficulties are located in Paris and the Parisian suburbs.

The increase of the internet sales is the major reason of those difficulties.

International Debt Collection: does it make any sense to transfer the file to a local specialist?

Wherever the debtor has his head office (in or outside the UE) it will be difficult to collect abroad an unpaid invoice.

The first difficulty is related with the foreign language. In the bookkeeping departments it’s not easy to find people speaking the language of the debtor, and it’s the same in the bookkeeping department of the buyer. Sometimes the particularities are so large that they (bookkeeper’s buyer and seller) never find a way to communicate with efficiency.

It’s Human that those guys don’t consider the foreign debtors as their priority.

The largest problems abroad are related with the court procedures and their execution.

Also in Europe you will find everywhere particularities which are impossible to be brought under control from your local lawyer. Every Country has his own way is a totally correct description of the international payment area.

Only a local specialist has the know-how to support with high efficiency the collection of your unpaid invoices.

Some Examples

– The Bailiff doesn’t exist in Spain how can I execute a verdict there?
– Due to the very high court costs in Switzerland what is he amount from which it’s economically possible to go to Court, to start a litigation procedure?
– Why can the court hearings been postponed for months in last minute before a French court
– How can I check the complicated prescription rules in Italy?
– How to deal with the police in Norway which is in charge of the execution of the verdicts ?
– Why are the appeal procedures in Spain or Greece so long lasting for 2/3 or more years?

The list is very long and the answer clear: only a local specialist gives you all the chances to collect your open debt abroad.