JOSE ESCOBEDO - ABOGADO, colegiado num. 1685 del Ilustre Colegio de Abogados de Tenerife -TEL: (34) 922 714322 - FAX (34) 922 714201 - Registered lawyer num. 1685 of the Tenerife Law Society, Canary Islands, SPAIN - Office hours 9:00 a.m. - 15:00 p.m.
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LA FRASE DEL DIA:
La reputación es el usufructo de la fama
Sun Apr 15, 2007
NEW EUROPEAN DEBT RECOVERY LAW ("PROCESO MONITORIO EUROPEO")
A new swift debt recovery procedure was approved by the European Parliament on 12th December 2006, and it will be enforced in the United Kingdom and Ireland from 12th December 2008. The procedure will only require a petition to be presented to the courts in compliance with the official European legal form, and local courts will then be able to issue an international summons giving the debtor 30 days to repay the debt. If the debt is not paid and no appeal made then the debt can be enforced in any EU country.
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