Sweden collection profile

sweden-bnr

 

Collecting in Sweden

  • The payment behavior of domestic companies is good and domestic courts are fairly efficient in dealing with disputes in a timely manner, however collecting debt through pre-legal negotiation remains the most effective option.

  • Recovering debt becomes virtually impossible when the debtor becomes insolvent, since debt renegotiation schemes allow up to 75% of the debt to be written off, while the priority rules set forth in liquidation proceedings make it unlikely for unsecured creditors to receive any part of the proceeds.

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    sweden

    Sweden

    Collection complexity

    notable-2


    Collection relating to

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

    Sweden

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