Incassokosten

Collection costs refer to the expenses incurred by a creditor in recovering an outstanding debt. These include, among other things, fees for collection agencies, bailiffs and any legal assistance.

Such costs are relevant because they increase the debtor’s overall liability and serve as an incentive for timely payment. Dutch legislation, in particular the Collection Costs Act, regulates the maximum amounts that may be charged in order to prevent excessive costs.

In practice, collection costs are generally only charged after the payment term has expired and a formal demand has been made. It is important that these costs remain reasonable and proportionate to the principal claim.