-
New report shows how much you must earn to be considered rich in France
France’s national statistics agency (INSEE) highlights income thresholds in France
-
Why living in France but investing only in the UK creates risk
It is ill-advised to keep most of your money in one country
-
Does your French town have its own currency?
There are over 65 of them around the country
If I owe money in France will my debts expire after a set time?
We look at how different organisations treat debt and if there is a time limit to your liability if you can’t pay
Creditors in France only have a set amount of time to reclaim any money they are owed – once the deadline has passed, the debtor is released from the obligation to repay.
Read more: Fees, fraud, debt: How bank clients can get help in France
Read more: Household debt in France: You can now apply online for help
Limitation period for electricity and gas
A délai de prescription (limitation period) applies to actions taken to recover debts and generally lasts two years for bills involving a professional and a member of the public.
This includes, for example, debts owed to doctors, dentists, gas and electricity suppliers, retailers and insurance providers.
Check who supplies water
It also applies to water bills, as long as the supplier is a private company.
However, there are some exceptions, as detailed in the Code civil or by specific texts.
One is if your water is supplied by your municipality rather than a private firm - in this case, it has four years to launch proceedings against the debtor.
Telecoms and rent
The délai is only one year for unpaid telephone or internet bills, meaning telecoms operators are not able to claim payment after 12 months have passed.
Délais de prescription are longer if they relate to a landlord claiming back rent owed.
Tax authorities and copropriétés
French tax authorities also have three years in which to recover unpaid income tax.
Notaires, on the other hand, have five years in which to seek payment from clients, as do copropriété schemes.
Court orders
In general, the limitation period begins the day after a debt becomes payable.
However, for a loan paid back in instalments, the délai may only begin the first time the borrower defaults.
The period can also be interrupted by an action such as a court order demanding the individual repays what they owe, or the individual’s acknowledgement of their debt.
In this case, the délai restarts.
Related articles
Self-employed in France get new law to protect home if business fails
Former French Interior Minister jailed for unpaid debts to the state
Bank in France sends in bailiffs for solar panels that never worked
