{"id":71221,"date":"2019-09-03T11:56:08","date_gmt":"2019-09-03T09:56:08","guid":{"rendered":"https:\/\/tcm.be\/how-to-determine-the-unrecoverability-of-a-debt\/"},"modified":"2026-08-12T23:32:04","modified_gmt":"2026-08-12T21:32:04","slug":"how-to-determine-the-unrecoverability-of-a-debt","status":"publish","type":"post","link":"https:\/\/tcm.be\/en\/how-to-determine-the-unrecoverability-of-a-debt\/","title":{"rendered":"How to determine the unrecoverability of a debt?"},"content":{"rendered":"\n

Once adebt<\/a>can no longer be recovered in a certain<\/strong> and definitive<\/strong> manner, it is considered to be dead or unrecoverable<\/strong>. Determining the unrecoverability of a debt<\/strong> is a necessary step for the creditor. In fact, once the recovery of the debt becomes impossible, undertaking additional recovery procedures quite simply represents a loss of time and money.<\/p>\n\n

That, for instance, is why it is important to be able to determine the unrecoverable character of a debt.<\/p>\n

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Unrecoverable character of a debt<\/h2>\n\n

First of all, how and when can a debt be declared unrecoverable<\/strong>? The unrecoverable character of the debt must be proven by the creditor<\/strong>. The latter must have initiated recovery procedures<\/strong> against the debtor through the offices ofa lawyer, a process server<\/a>or arecovery company<\/a>.<\/p>\n\n

Only after these measures and the proven failure of recovery may the debt in question be determined as unrecoverable<\/strong>. We must also be careful not to confuse an unrecoverable debt<\/strong> with abad debt<\/strong><\/a>. A debt considered as unrecoverable is a debt the recovery of which proves to be impossible, finally and in fact, while a bad debt more simply represents a risk<\/strong> of non-recovery.<\/p>\n\n

In other words, this latter therefore has a “doubtful”, not a “compromised” character, which is the case for the unrecoverable debt. <\/p>\n\n

The certificate of unrecoverability<\/h2>\n\n

When all actions forlegal<\/u>orout-of-court recovery<\/a>are exhausted, a certificate of unrecoverability<\/strong> is delivered to the creditor. This is an official document that certifies the unrecoverable character of a debt<\/strong>, the financial impossibility of the debtor’s honouring the debt. The certificate of unrecoverability<\/strong> may be issued at the creditor’s request according to several situations:<\/p>\n\n