Complete Clarity Solicitors

Paving the way for cross-border debt recovery

An initiative by the European Commission to help businesses recover millions of euros that are currently lost each year in cross-border debts has now received the backing of the European Parliament. The proposed European Account Preservation Order will help ensure that businesses recover these cross-border debts by allowing creditors to preserve the amount owed in […]

Recovering debts across European borders

Businesses and individuals who are trying to recover debts from another EU country should find the process easier if new draft European legislation comes into effect. MEPs and the European Council recently agreed a draft law that will allow people chasing debts to issue an order via a bank to block a debtor’s bank account […]