{"id":69147,"date":"2016-12-05T13:15:07","date_gmt":"2016-12-05T12:15:07","guid":{"rendered":"https:\/\/tcm.be\/glossarium\/debt-collection-costs-belgium\/"},"modified":"2026-01-14T23:46:19","modified_gmt":"2026-01-14T22:46:19","slug":"debt-collection-costs-belgium","status":"publish","type":"glossarium","link":"https:\/\/tcm.be\/en\/glossarium-en\/debt-collection-costs-belgium\/","title":{"rendered":"Debt collection costs Belgium"},"content":{"rendered":"\n<p>When a debtor (client or buyer of goods or services) doesn\u2019t pay his debt on time, that is by due date, then the creditor (supplier of goods or services) needs to take action.&nbsp; The creditor can handle this in house or he can appoint a third party, like a debt collection office, to handle it for him.&nbsp; Whether in house or outsourced, these efforts mean costs like sending payment reminders and handling payment plans. These costs are the direct consequence of the debtor\u2019s behaviour.&nbsp; That is why costs are added to the debtor\u2019s debt.\n\nThese costs are limited \u2013 by law \u2013 for consumer debts. More:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/tcm.be\/en\/costs-of-third-party-debt-collection\/\" target=\"_blank\" rel=\"noopener\">Collection costs<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/tcm.be\/en\/fixed-collection-charge\/\" target=\"_blank\" rel=\"noopener\">The fixed collection charge<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/tcm.be\/en\/interests-on-debts\/\" target=\"_blank\" rel=\"noopener\">Interests on debts<\/a><\/li>\n<\/ul>\n\n\n\n<p>&nbsp;\n\nUpdated on 5\/12\/16<\/p>\n\n\n\n<p>Definitions provided under this section refer to the Belgian situation; unless specified otherwise. The texts are meant to summarize concepts in daily language and should not be considered as comprehensive or definite. We welcome suggestions for modifications or additions at\u00a0<a href=\"mailto:glossary@tcm.be\">glossary@tcm.be<\/a>.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-69147","glossarium","type-glossarium","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/glossarium\/69147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/glossarium"}],"about":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/types\/glossarium"}],"wp:attachment":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/media?parent=69147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}