Amicable recovery

Amicable recovery refers to all actions and techniques used by a creditor to recover a receivable from a debtor without resorting to legal proceedings.

It involves the creditor trying various methods (reminder letter, telephone follow-up, home visit, etc.) in order to collect the sum of money which the debtor owes them, without instigating legal proceedings. Amicable recovery can be regarded as a phase of negotiation initiated by the creditor.

If this amicable recovery phase does not produce the desired results, the creditor may then launch legal action. From then on, we are talking about judicial recovery.

Statistics show that with TCM, less than 1% of debts (6 out of 1,000, in fact) end up being the subject of legal proceedings.

Updated 22/05/2018

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