DEN GVT Debt Collection Process

Published on: May 12, 2025

On May 7, DEN GVT consulted on simplified process for Greenland.

  • DEN GVT Courts Authority issued draft executive order on simplified debt collection process per chapter 22, Greenland administration of justice act.
  • Draft Order
  • Section 1, Act No. 342 of Apr. 3, 2025 amending the Greenland Administration of Justice Act introduces rules on payment demands in Greenland.
  • New provision, Section 263 b, subsection 3 provides that the Courts Authority may lay down further rules on the format of the payment demand, including on the use of special forms and on the submission of copies of the payment demand.
  • Effectiveness
  • Consultation closes on Jun. 4, 2025; proposed entry into force on Jul, 1, 2025.
Regulators
DEN GVT
Entity Types
Corp
Reference
CP, 5/7/2025
Functions
Compliance; Financial; Reporting; Risk; Treasury
Countries
Denmark
Category
State
N/A
Products
Corporate
Rule Type
Proposed
Regions
EMEA
Rule Date
May 7, 2025
Effective Date
Jun 4, 2025
Rule ID
253800
Linked to
N/A
Reg. Last Update
May 7, 2025
Report Section
EU