June 12 2008: EU Member States Will Start Creating The New European Payment Order Procedure - A Step Towards Simpler And Quicker Credit Collection Within The European Union.

Mondaq Business BriefingNbr. 2008, March 2008

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Summary


This Regulation establishes a procedure for European orders for payment

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June 12 2008: EU Member States Will Start Creating The New European Payment Order Procedure - A Step Towards Simpler And Quicker Credit Collection Within The European Union.

Introduction

From June 12 2008 member states will begin their collaboration on the preparation of domestic procedure, forms and rules on competence and language in order to implement the new European payment order procedure, which will finally be available to creditors from December 12 2008.

Once the new procedure comes ...

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