Export Debt Collection in France

If a French client owes you money, you can apply a certain amount of pressure to encourage payment, and many clients will pay up eventually. But in some cases, you’ll need to instruct a lawyer in France to collect the money you’re owed.

Debt collection in France is a slightly different procedure, compared to debt collection in the UK. This blog provides a rough guide to your options and the types of court action you could bring.

French courts will uphold court judgements made in other parts of the EU and, in some cases, outside the EU as well. For the purposes of this article, we are referring only to court action taking place in France against clients who live and work there.

Top Tips for Dealing With Overseas Export Clients

When you work with a company in the same country, you have a common legal framework that links you and its a relatively simple process to track down errant debtors if payment problems occur. Dealing with clients overseas is more hazardous, and the risks can catch out many small businesses. Here are some practical tips that can prevent significant problems when dealing with overseas clients.

Credit Control Update - Greek Capital Controls

Greece's government has imposed capital controls and closed banks until after a July 5 referendum on a deal with European creditors.

The following information is provided for any company concerned about customers based in Greece and the impact the capital controls will have on their cashflow in the short term.  This guide covers basic credit control information, if you have customers already behind on payment arrangements allowing further credit is at best ill-advised.

Half of Unpaid Invoices Become Bad Debts in the Americas

If you deal with customers in the Americas - including not just the USA, but also Canada, Mexico and Brazil - you should be aware of the increased likelihood of a very late payment becoming an uncollectable bad debt.

According to a report from credit insurers Atradius, a whopping 52% of the most overdue payments in the region are simply never collected, compared with 35% in Europe.

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