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1 in 4 companies in Spain is in default

1 in 4 companies in Spain is in default
Did you know that 27% of companies have significant defaults? 64% suffer the negative consequences of delinquency in their activity and 9% are at risk of closing for this reason. This has been shown by the latest Credit Risk Study promoted by Crédito y Caución, Iberinform and IE Business School.

However, one of the most "worrying" data, according to CREDITO y Acción is that, for the first time, the results show a slight worsening in several indicators, such as the rate of companies that have suffered significant defaults in the last twelve months.

Other conclusions of the report point out that the consequences of delinquency increase the financial costs of companies by 39%, represent a loss of revenue of 39% and also limit growth by 16% and new investment by 15%.

According to the study, the behavior in payments of the Administration with companies has registered an improvement. 3% of companies working for the public sector, compared to 7% the previous year, bear default rates that pose a clear risk to their survival.

In the 'business-to-business' (B2B) field, the first worsening since the study was carried out is recorded: 6% of companies bear high default rates with their customers, compared to 3% the previous year.

What can I do if I want to recover a debt or default? 

It is best to put yourself in the hands of a law firm that has a lot of experience in debt recovery. This is the case of Forcam Abogados, which has a team of lawyers specialized in the recovery of very high debts.

At Forcam Lawyers we recover debts quickly and effectively, by having lawyers with experience in recovering large amounts of non-payment, both from companies and individuals.

Contact us, and we will take care of studying your case, with the aim of recovering all the money you are owed.

You can also contact us through the telephone number (+34) 936 26 49 49. We offer legal advice on the claim and recovery of debts at a national and international level. In addition, we have offices in Barcelona, Tarragona, Reus and Tarrega.