Debt Recovery in Tunisia: Effective Strategies

Debt recovery in Tunisian Law

INDEX
What are the stages of debt recovery in Tunisia ?
What is meant by extrajudicial recovery in Tunisia ?
What are the advantages of extrajudicial recovery ?
What is meant by judicial recovery in Tunisia ?
What are the legal guarantees for the protection of debt recovery ?
What happens après qu'un judgment est issue, recognizant l'existence de la dette et ordering la débitrice à remplir leurs obligations ?

What are the stages of debt recovery in Tunisia ?

Debt recovery goes through two stages :

Extrajudicial recovery stage

Judicial Recovery Stage

What is meant by extrajudicial recovery ?
Consensual recovery is the first stage of debt recovery and involves direct communication with the debtor.

What are the advantages of extrajudicial recovery ?
+ Faster process
+ Avoids the typical expenses of judicial recovery procedures.
+ Maintains good business, family, or social relationships between debtor and creditor.

What is meant by judicial recovery ?
When it is not possible to recover the debt extrajudicially, our lawyers turn to the justice of the peace or the ordinary court, depending on the value of the debt.

What are the legal guarantees for the protection of debt recovery ?
There are several means of preserving the financial guarantee that our lawyers can activate to protect the debt to be recovered.

What happens après qu'un judgment est issue, recognizant l'existence de la dette et ordering la débitrice à remplir leurs obligations ?
If the debtor does not fulfill their obligations voluntarily, we proceed with the garnishment of a portion of their salary or bank account, or with the seizure of movable or immovable assets.