Wednesday, August 5, 2015

30 000 debt collections came out of the courts – Jornal de Negócios – Portugal

The PEPEX, pre-executive extra-judicial procedure that allows creditors know in advance whether debtors have assets, is primarily used by telecommunications companies, and has allowed 30,000 take court proceedings, newspaper Jornal de Noticias.

Operating since November 2014, the extra-judicial procedure that allows creditors to know whether you owe money they have assets to pledge, and evaluate whether it is worth going to court , has allowed “divert” 30,000 charging processes of the courts. The statistics were provided to the Journal News by José Carlos Resende, president of the Chamber of Solicitors, which is a very positive assessment of this instrument.

The official also said that the largest customers of this simplified procedure are the companies telecommunications and service delivery in large quantities, they end up getting benefits at two levels: on the one hand, can get accurate information about the existence of property or assets of the debtor and prevent advance to the courts with debt recovery processes, at the outset, they know have little success; On the other hand, in the absence of goods, get a document that allows them to declare a loss and recover VAT paid to Finance.

According to the Journal News, in the space of six months has been the Pepex used to try to collect debts amounting to 33 million euros, and in 93% of cases, the amount of debt was less than 2,000 euros.

The Ministry of Justice, contacted by the newspaper, would not do to have any balance.

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