Presence and operations in Brazil for over 10 years with a staff of 11 collaborators located in different territories including São Paulo – Rio de Janeiro – Porto Alegre – Belo Horizonte – Fortaleza
Federal State composed of 27 States with the same laws and same legal procedures
Out-of-court activities with various levels of pressure are preferred which usually lead to mediation or a repayment plan
Do you have any outstanding credit collection in Brazil? Rely on Invenium!
Although Brazil is a federal country, its 27 States apply the same laws and the same legal procedures. Precisely for this reason, in Brazil, Courts with jurisdiction to deal with credit collection procedures areState Courts.
For many years, Brazil was a safe heaven for many international debtors because of the opaque laws that ensured very extensive protection. A creditor, for example, was able to obtain a final ruling in 15 years, without then being able to enforce anything.
The changes in 2005 and 2006 in the Civil Procedure Code introduced very effective legal tools favourable for creditors. Some of these are:
Enforcement of an out-of-court deed – which allows freezing of assets in the presence of an authenticated acknowledgment of the debt
Monitory procedure – notice to pay within 15 days which can be used in the presence of documentary evidence
Ordinary credit collection procedure – more complex procedure due to the need to provide proof of the existence of the receivable, it is due and its absence of payment.
The Brazilian limitation period takes 10 years. Due to the country’s problematic and the need for local lawyers, the best solution is always to follow an out-of-court credit collection strategy. Rely on Invenium, you will benefit from our professional Brazilian network. We have located in main Brazil cities, with 11 employees specialized in the outstanding credit collection management in Brazil.
DO YOU NEED MORE INFORMATION ABOUT THE BRAZILIAN CREDIT COLLECTION?
Watch our video-analysis focused on the out-of-court credit collection in Brazil. Credit to Dott. Claudio Mombelli & Invenium CEO & Founder
For over 20 years a leader in Europe in international credit management and collection
Invenium cooperates in a network of partner specialized on the credit collection
With more than €70M of receivables managed and 3,000 international Clients, INVENIUM is leader in Europe
A group in constant growing to guarantee competence and results to its Clients
SOME OF OUR CLIENTS
For over 20 years we have operated in the international market, with stable international legal partnerships in more than 115 countries.
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