DEBTS TO BE RECOVERED IN THE COURTS REACH THE EUR 7.2 BILION

The enforcement proceeding (debt recovery through the courts) has been considered one of the major problems in Portuguese justice and also one of the barriers to the development of the Portuguese economy. In 2013 the cases for legal collection amounted EUR 5.6 billion, regarding 201,000 enforcement proceedings lodged in the courts. Between January and April 9 this year, 38,924 cases were filed, valued at EUR. 1.6 billion. Portuguese courts have pending something like EUR 7.2 billion to collect, which corresponds to 4.3% of GDP.

Comments

  1. The enforcement proceeding (debt recovery through the courts) has been considered one of the major problems in Portuguese justice and also one of the barriers to the development of the Portuguese economy managed technology solutions

    ReplyDelete

Post a Comment

POPULAR POSTS

BANKRUPTICIES DOWN

WHAT IS THE PORTUGUESE NON-HABITUAL TAX RESIDENCE REGIME?

WHAT IS THE NIF NUMBER?

NUMBER OF UNEMPLOYMENT DROPS