Debt recovery: How it works and when needed
Debt recovery in Italy: How to recover a credit from your
Italian debtor?
Debt collection in Italy is certainly possible, despite the
difficulties.
The debt collection process is divided into different phases,
ranging from the attempt at amicable resolution to the seizure of
the debtor's assets.
The first step to take is the formal request for compliance
within a certain period by sending a letter of formal notice, sent
either by registered letter with acknowledgment of receipt or by
certified email (pec), with an attached request for default
interest dated from the payment due date.
After 5 to 15 days, if the debtor has not repaired the default,
the next step is to go to the Court, with the appeal for
an injunction, issued only if the credit in
question is liquid, certain and payable.
