The first reminder of a debt now free

2023-08-27 03:30:07

From September 1, the first reminder of a debt will be free. Concretely, upon receipt of the first reminder, the consumer will have 14 days to repay his debt, without any additional costs being billed to him.

Until now, a small debt might quickly turn into a major expense, with the addition of reminder fees, bailiffs, collection agencies or even lawyers.

As of September 1, the first reminder will be free and must specify any additional costs in the event of late payment. These costs will henceforth be capped.

Thus, for debts of less than 150 euros, a maximum of 20 euros may be added. If the debts are greater than 150 euros but less than 500 euros, a ceiling of 30 euros plus ten percent of the amount due will apply.

This ceiling will increase to 65 euros plus 5% of the amount due on the portion greater than 500 euros with a maximum of 2,000 euros if the amount remaining due is greater than 500 euros.

Finally, the lawyers and bailiffs in charge of collection will be placed under the supervision of the FPS Economy, as is already the case for collection agencies.

The measure will apply to contracts concluded from September 1.

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