Hi, I’m interested in what happen if someone has unpaid debt in France and it can’t be recovered ie the debtor can’t be traced. Does the debt live forever, is it written off, is there any impact on such debtors after any official write-off?
The time before it is written off depends on what the debt is for. For example for building work it is 10 years. In general it is 5 years. But if you start court proceedings then the time starts over again. There is no impact after the time expires.