Do you have a Portuguese client who does not pay invoice for your company?
Portugal's trade system and laws vary from those you're used to, which often makes debt collection difficult in Portugal.
Our debt recovery attorneys have the means to make restitution to your creditors. We'll do our best to raise the funds from the moment you turn your debt recovery matter over to us.
We, a debt recovery firm, have knowledge and practice at our fingertips to help you with your accumulation of corporate debts in Portugal.
1. SUGGESTIONS IF THE PORTUGUESE CUSTOMER IS NOT PAYING
1.1 Call the debtor to inquire if your invoice has not yet been charged. Provide a note instantly In your reminder, provide a clear description of the invoice as well as a payment date of a fixed number of days in this notice.
2. UNDERSTANDING OF LOCAL LEGISLATION AND TRADE CUSTOMS
2.1 Our Portuguese debt recovery experts have vast experience and knowledge of Portuguese laws and regulations. Additionally, they are fully conscious of business traditions and culture. Which makes getting your Portuguese debtor to pay quickly easier.
3. DEBT RECOVERY IN PORTUGUESE LANGUAGE
3.1 Our specialists know both the language and Portuguese, which allows them to quickly transcend language barriers.
4. CUSTOMISED DEBT RESTRUCTURING
4.1 Our business debt recovery strategy is tailored to every single case, and we provide tailored advice to you.
5. STRAIGHTFORWARD GUIDANCE
5.1 We will always offer our honest advice on the likelihood that your debt recovery will be successful. It is vital to us to put your needs first; we are endeavoring to provide you with your choices and guidance on the best route to take. It is clear to see how we are upholding our core values of honesty and justice.
6. THE DEBT COLLECTION PROCESS IN PORTUGAL
6.1 The process of debt collection in Portugal can be broken down into two stages. Selection takes place during the extrajudicial process, without the intervention of the Court. They do include the Court during the legal process in order to make the Portuguese debtor pay. Because we are a debt collection firm, we are able to assist you in both processes. Many issues are resolved in Portugal during the extrajudicial process, with no interference by the Court.
7. EXTRAJUDICIAL DEBT COLLECTION
7.1 In theory we often continue with the extrajudicial step of the debt collection method. We are trying to prevent Court interference at this point, as this can be expensive. We'll be calling your Portuguese debtor to accept payment.
7.2 For specific cases, we'll also engage with your Portuguese debtor in a face-to-face chat. If the debtor fails to pay within a specified period of time we will launch legal proceedings on your order. In Portugal, reporting legal proceedings also persuades the customer to pay.
8.1 If your Portuguese debtor refuses to pay during the extrajudicial process, we will proceed to the Court in Portugal after negotiation with you. We will always give you preliminary details about the likelihood of success in your debt recovery case. We will also remind you of the potential costs in advance, and will only continue with your permission.
In the case of an uncontested dispute between two parties located in EU Member States (except Denmark)
European order for payment proceedings may be initiated.
In your situation, the prosecutor who manages the case will decide whether this kind of action is acceptable.
The creditor usually fills out a standard form for EU Order for Payment procedures and submits this to the Tribunal.
Instead, the Court issues a Local Transaction Notice. The debtor then has 30 days to decide whether they object to the charge.
If no notice is obtained within the 30-day span, you can require the Court to finalize the payment order (called a "declaration of enforceability"). This decision is true and enforceable and is recognized in any Member State (except Denmark).
The EU Payment Order is never appropriate for contested issues (so not in situations where there is a disagreement over the invoice).
The benefit of this process is flexibility and low cost (some Member States don't even impose a court fee), but the drawback is that if it gets challenged, the case stops, and if the claimant wants to continue, a regular civil action will have to be launched.
Debt Recovery in Portugal. Fast.
Our business debt recovery methodology is customized to every single instance, so that we can provide objective advice to you. We will always give our objective advice on the likelihood of your debt recovery being successful. It is essential to us to place your interests first; we aim at providing you with your possibilities and suggestions on the best path to take. It is clear to see how we are pursuing our fundamental values of integrity and justice.
What To Do When Your Portuguese Customer is Not Paying
- Contact your customer and demand why no payment has been and when exactly it will be. Always request the payment copy sent to you. - Are you not able to solve the problem with your customer? Send them a certified letter requesting immediate payment. - Be conscious that with ambiguous payment terms or arguments, your Portuguese debtor may try to gain additional time. Persevere, be direct and never postpone. - In Portugal, a payment period of three to seven days is normal
Our Portugal debt collection experts have comprehensive experience and perspective of Portuguese laws and policies. Therefore they are perfectly aware of Portugal trading values and traditions. Which makes it easier for your Portuguese debtor to quickly make payments.
Debt Collection Law Portugal
Contact Us and Get our comprehensive article about how to collect a debt in Portugal, using the amicable and legal options. This is best debt collection guide on Portugal your will ever find.
Get paid Faster: Debt Recovery Portugal
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Collect A Debt in Portugal using our local Network
We follow your instructions at all times and ensure regular communication with you via collection reports, recommendations regarding debtor payments, payment plans and, where necessary, repossession and Court proceedings.
Debt Collection Process in Portugal
We have prepared for you a comprehensive article about how the debt collection process works in Portugal. See the country report on our Blog:
