Spain collection profile

Spain-bnr

 

Collecting in Spain

  • The payment behavior of Spanish companies remains poor, with payments often occurring in 70 to 80 days on average. Commercial credit (late payment) constitutes an underlying feature of commercial exchanges in Spain.

  • The judicial processin Spain is very slow,so it is usually preferable to conduct efficient and orchestrated debt collection efforts prior to considering legal action.

  • When the debtor has become insolvent, collecting debt becomes extremely complicated, especially as far as unsecured creditors are concerned.

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    spain

    Spain

    Collection complexity

    notable-2


    Collection relating to

    Payments
    $-2
    Court
    proceedings
    Gav-2
    Insolvency
    proceedings
    Arrow-1
     

    Spain

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