Debt Collections Handbook France 2017

Debt Collection Reports

  • France
  • Agriculture,
  • Automotive/Transport,

5th July 2017

Having drawn from the expertise of the Atradius Collections' local offices, the International Debt Collections Handbook explains the different stages, regulations and procedures for France.

Amicable phase

General

 

Handbook Report Page - Amicable Phase

 

Atradius Collections France maintains a professional collection process, focusing on the relationship between client and debtor at all times. Our team of collection specialists carry out the collection process in-house, contacting both verbally and in writing whilst adhering to state laws. When there is a case of dispute, we aim to reach an amicable solution between creditor and debtor. We do this by analysing all contractual documents (e.g. signed contracts, orders, confirmations, invoices and delivery notes, as well as all standard terms that have been agreed upon). All investigations are completed with the assistance and agreement of our legal team.

Interest

Atradius Collections France always charges interest to debtors. This rate is set by the government and multiplied by three in accordance with French law on the terms of payment.

Costs

Atradius Collections France charges a fixed cost of EUR 40 per case in accordance with the European directive and a penalty clause of 10% for the recovery’s costs. If the creditor has a special contractual agreement, this can be taken into account as long as the debtor actually agreed to the terms. From a cultural point of view, French debtors are not used to paying debt collection costs, and often the collection cost amount is used as a matter of negotiation between debtors and collectors.

The Debt Collections Handbook presents a snapshot of France's local economic situation and covers the following topics:

  • Accepted and most common payment methods
  • Types of companies
  • Safeguarding measures
  • Legal procedures & legal system
  • Enforcement in debt, movable and immovable goods
  • Insolvency proceedings

To read more about steps and procedures undertaken in the field of debt collection:

Download Debt Collections Handbook France now!

Disclaimer

The statements made herein are provided solely for general informational purposes and should not be relied upon for any purpose. Please refer to the actual policy or the relevant product or services agreement for the governing terms. Nothing herein should be construed to create any right, obligation, advice or responsibility on the part of Atradius, including any obligation to conduct due diligence of buyers or on your behalf. If Atradius does conduct due diligence on any buyer it is for its own underwriting purposes and not for the benefit of the insured or any other person. Additionally, in no event shall Atradius and its related, affiliated and subsidiary companies be liable for any direct, indirect, special, incidental, or consequential damages arising out of the use of the statements made information herein.