What You Need to Know About Debt Collection in Italy

Debt Collection in Italy


When you owe money to someone, the creditor has certain rights to demand for the payment and obtain it. This includes having legal recourse to take your assets and, in many instances, the right to force you to repay what is owed. That’s where debt collection comes into play. What happens if you don’t pay your bills? Different creditors have different ways of dealing with this situation. An organization may choose never to deal with you again, which means no more credit from them. Each of these different circumstances will have implications for how and when you need to begin repaying what you owe.


Enforcement and Collection Basics

The first thing to understand is that creditors have the right to pursue collection and can do so without communicating with you. And depending on their requirements and protocols, they can choose between various collection efforts available to them. This means that any communication may be threatening since there is no requirement for the creditor to be civil or accurate. Debt collection is adversarial, but it doesn’t have to be ugly or abusive.


Limitation Period for Debt Collection

The statute of limitations for debt collection in Italy is ten years from the last payment date. This is the length of time that a creditor has to enforce the debt. Sometimes, the limitations period is shorter, such as in the case of debt resulting from a court judgment. If you fail to pay a debt, the creditor can take action at any time. But if you have paid off the debt or the creditor has not taken action to collect it within the statute of limitations, then it is considered “time-barred.”


Steps in the Collection Process

The steps involved in debt collection will vary according to the type of debt in question and the organization that owns the debt. But the general process usually involves sending a demand for payment, placing a lien on your assets, and eventually filing a lawsuit. – Demand for payment – First, the creditor may make a demand for payment. The details of such a demand may vary, but it may include an amount due, interest, fees, and payment instructions. – Lien on assets – If you fail to make the payment, the creditor may decide to place a lien on your assets, including money in your bank account, car, or other items of value you own. The lien is a legal claim that gives the creditor a right to take the asset if you don’t pay. – Filing lawsuit – If you still don’t make the payment, the creditor may decide to file a lawsuit against you in court. In some cases, they may even go to the trouble of taking the matter to criminal court if you are not paying a debt that results from a criminal conviction.



The timeline for debt collection varies depending on the type of debt, the amount owed, and the creditor’s policies. For example, credit card debt may be collected within a couple of months, while student loan debt may be collected over the years. If someone owes you money and can’t seem to get them to pay it back, you can contact us today and have the capable debt collection agency handle it.