Debt Collection

Debt prescription: how to avoid losing the right to collect

prescription of debts

Debt prescription is the kind of problem that only becomes apparent when it already hurts. One day, the creditor decides to proceed and hears the phrase no one wants to hear: they can no longer collect. And often, it wasn't for lack of reason. It was for lack of time, proof, and action. This article was written to help you avoid that. If your company has overdue invoices, provides services on credit, sells with payment terms, or is an individual with an outstanding loan, debt prescription can be the difference between recovering or losing. In this guide, you will understand what this means, when the statute of limitations begins to run, what the most frequent deadlines are, what can interrupt or suspend the count, and how to create a simple strategy to avoid losing the right to collect.

Debt acknowledgement: why it drastically increases recoverability

debt recognition lawyer

There are creditors who do everything "right" and still never see the money again. It's not a lack of persistence. It's a lack of tools. Debt acknowledgment is that tool. When done well, it transforms a "he owes me" into a document with real weight, reduces disputes, shortens processes, and drastically increases recoverability. In this guide, you will understand what it is, when to demand it, what clauses protect the creditor, how to avoid errors that negate its practical effect, and how it fits into a fast and secure collection strategy.

List of insolvent companies, PER, PEAP and PEVE

PER, PEAP and PEVE

There are decisions that seem small, but that change everything. Selling on credit, continuing to supply after a delay, accepting a long-term payment plan. A simple insolvency check, PER, PEAP, and PEVE can be the difference between receiving payment this year or watching the debtor collapse without being able to do anything. When a debtor enters a formal restructuring phase or an insolvency process, the rules change, and time is no longer on the creditor's side. This article was written for creditors who want to act with facts, understand what each status means, and choose the next step quickly, without improvisation. Throughout the text, you will learn where to consult official information, how to interpret what you find, and what to do when there is already overdue debt. You will also understand how to reduce risk before selling, because many losses begin months before the "official default.".

Payment agreement with guarantees: how to protect the creditor

payment agreement with security

A payment agreement can be the difference between receiving payment in weeks or never seeing the money again. But there's a detail many creditors ignore: a payment agreement without guarantees can be just another nice promise. When the debtor defaults, the creditor is left with a piece of paper that says "will pay," but without a quick way to enforce it. Therefore, whether you're going to accept installments, discounts, grace periods, or renegotiations, the issue isn't just about negotiating. The issue is protecting the creditor. In this article, you'll learn how to structure a payment agreement with guarantees, what guarantees are truly worthwhile, what clauses cannot be omitted, and what mistakes can turn a payment agreement into a self-inflicted wound.

Client not paying: when to negotiate and when to proceed to injunction?

when the customer doesn't pay

A customer doesn't pay, and your first reaction is almost always the same: give them another day, send another email, make another call. It seems reasonable. But when a customer doesn't pay, each passing week can mean fewer chances of getting paid. This article helps you decide, with a cool head, when to negotiate and when to proceed with legal action. You'll understand how to read the signs, how to protect the business relationship without losing authority, and how to act before the debt becomes old, disputed, or simply impossible to collect.

Document checklist for successfully collecting a business debt

document checklist

There are debts that aren't lost for lack of reason. They are lost for lack of proof. When the time comes to collect a business debt, the creditor company usually discovers two realities at the same time: the debtor is already trained to delay, and the process only moves at the pace of the documents. That's why this article exists. In this guide, you will find a practical checklist of documents to successfully collect a business debt, from the amicable phase to injunction and, if necessary, enforcement. The goal is to reduce disputes, avoid objections, and accelerate the recovery of the money.

How to turn an invoice into an enforceable title

executive title

Do you feel like you work, deliver, invoice… and then just stare at your bank account waiting? When a client doesn't pay, the problem is rarely "just" financial. It's emotional, it's operational, and it consumes time. The good news is that, in many cases, it's possible to transform an invoice into an enforceable title and move from requests and reminders to a legal path with real force. In this article, you will understand how to transform an invoice into an enforceable title in Portugal, what requirements must be met, which deadlines really matter, and what mistakes cause many creditors to lose money. The goal is simple: to help you transform an invoice into an enforceable title methodically, without dangerous shortcuts, and with a strategy that maximizes the probability of receiving payment.

Injunctions in commercial transactions: requirements, deadlines, and costly errors.

injunction

There's a huge difference between being right and actually getting paid. Anyone who works with business clients knows the drill: the invoice is due, the deadline is extended, the email goes unanswered, and before you know it, half a year has passed. This is where injunctions in commercial transactions start to make sense. This mechanism was designed to accelerate collection, with a formal format and enough weight to prevent default. In this guide, we explain when injunctions in commercial transactions are admissible, what the requirements are, which deadlines cannot be missed, and what mistakes, in practice, cost money. If you want to recover liquidity and prevent your credit from languishing on your desk, start here.

Commercial transactions: when an injunction is the quickest route

Commercial transactions

In commercial transactions, trust is important, but proof is what pays the bills. A client places an order, accepts the proposal, receives the service or goods, and in the end, the invoice is forgotten in a drawer. The creditor company insists, sends reminders, hears promises, and before they know it, weeks have passed. In many commercial transactions, an injunction can be the quickest way to give seriousness to the default and push the debtor towards payment. It's not magic, nor is it a "threat." It's a legal instrument with a simple logic: formalize the debt effectively and, if there is no opposition, proceed to collect. In this guide, we explain how to use an injunction in commercial transactions, when it's worthwhile, what documents make a difference, what mistakes delay everything, and what to do if the debtor objects.

Chasing overdue invoices: what steps actually work?

Overdue invoice collection

Collecting overdue invoices is one of those issues no one wants to deal with, until the day one invoice goes past its due date, another follows suit, and before you know it, your treasury is feeling the blow. The worst part is that, in most cases, the problem doesn't stem from a major conflict. It arises from small silences, vague promises, and deadlines that keep being pushed back. The good news is that recovering these amounts doesn't have to be a power struggle. When there's a method, proof, and proper communication, many payments are made without dispute. And when they aren't, it's possible to proceed with appropriate legal instruments, without wasting time or losing room for maneuver. In this article, we show how to collect overdue invoices in Portugal, from the first contact to legal action, including what to say, when to say it, and what should never be missing from your documentation.

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