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ARTICLE · 15 JANUARY 2018

Debt Collection In Italy: What It Is And How It Functions

Boccadutri International Law Firm
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Debt Collection in Italy: What it is and how it functions. When one should seek an out of court settlement and when it is necessary to turn to the courts.

ItalyInsolvency/Bankruptcy/Re-Structuring
Calogero Boccadutri
Calogero Boccadutri
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Debt Collection in Italy: What it is and how it functions. When one should seek an out of court settlement and when it is necessary to turn to the courts.

The aim of debt collection is to recover (total or part of) the debt from the debtor. There are two means of debt collection: by extrajudicial means or by means of the court.

Debt Collection in Italy via Extrajudicial Means

Debt collection by extrajudicial means represents the first stage of the process. The purpose of this phase is to exhort the debtor, in a benevolent manner, to settle their debt.

It is important to note that this is a very important stage, because this often means that the matter can be resolved without requiring the courts.

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