If you fail to pay your debt, the Debt Collection Agency may levy execution (i.e. seize your goods) on assets such as your house, machinery, any outstanding amounts, etc. This means that we are entitled to sell your property by court order and use the money to bring down your debt. If we send you a notice of levy, you will be charged a fee of DKK 450.

The basic court fee for a notice of levy is DKK 300. If you owe more than DKK 3,000, you will be charged an additional 0.5% on the remaining amount. So if you have debt of DKK 150,000, as an example, your court fee would be DKK 1,035.

Levy of execution may take place at the bailiff's office, your business address or your own address. You will be charged an additional fee of DKK 400 if it takes place outside the bailiff's office.

If you do not show up for a levy of execution taking place at your address without a legally valid excuse, the bailiff may gain access by means of a locksmith and levy the execution there and then. Any costs related to paying a locksmith will be added to your debt.

If the bailiff thinks it is necessary that you are present for the levy of execution, and you fail to show up after one or several notices, the bailiff may request that the police assists in detaining you and bringing you before the bailiff.

Be aware that interest will be added to your debt. Read more on the Interest page.

Failing to pay your business debt

We can collect debt in several ways

We may send you a reminder

The bailiff may seize your assets

We may request security for your debt

We may revoke your license or authorisation

We may offset your debt

We may issue a bankruptcy petition