the injunction : a formal provision by which the Judge issues a payment order, which may be followed by a hearing and, possibly, the seizure of the debtor's assets;
the revocation action and the precautionary seizure ( which protect the creditor's patrimonial guarantee) : they allow action to be taken on the debtor's assets, even if these had previously been sold;
seizure (in the presence of a ruling in favour of the creditor by the Court) : the argentina phone data forced expropriation of the debtor's property, whether movable or immovable, which is subsequently sold ;
bankruptcy petition: final enforcement action that is carried out in the absence of other assets.
Credit Management: What is the current scenario?
Debt collection is an activity that must have precise organizational and continuous characteristics. If it is carried out by others and not directly by the creditor, it must be delegated to professional entities ( debt collection agencies ) that:
are in possession of specific authorization ,
do not act to recover their own credits, but the credits of third parties .
The application for obtaining the authorization must be submitted to the Police Headquarters or to the SUAP – the One-Stop Shop for Productive Activities , present in all Italian Municipalities, which deals with the procedures relating to the opening and management of a business. The SUAP is required to forward the authorization to the competent Police Headquarters .
Professional debt collection entities
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