{{Short description|Debt-collecting system in the European Union}} {{Use dmy dates|date=August 2023}} The '''European Payment Order''' ('''EPO''') is a system of cross-border debt-collecting methods established on 11 December 2006, used in the European Union.
==Uses== The European Payment Order is only available for cross-border cases. It allows for citizens and businesses to use a simple method to enforce uncontested payments. Small businesses in particular should benefit from the EPO since it provides a simple, cost-effective method of collecting payments from a multinational group of customers.<ref>{{cite web| url=http://www.europarl.europa.eu/sides/getDoc.do?language=EN&type=IM-PRESS&reference=20061002IPR11283| title=Go-ahead for the European Payment Order| date=March 10, 2006| accessdate=2008-03-26| publisher=European Parliament}}</ref>
==Local law== Local debt-recovering systems work alongside the European Payment Order. Creditors can choose which system they wish to use. One of the biggest benefits of using the European Payment Order is that it is specifically designed to work in multinational scenarios.<ref>{{cite web|url=http://www.lindorff.com/com/mainpage/news/article15113.ece |title=EU Member States to implement a common debt recovery procedure |date=December 12, 2006 |accessdate=2007-03-09 |publisher=Lindorff |archiveurl=https://web.archive.org/web/20070206011723/http://www.lindorff.com/com/mainpage/news/article15113.ece |archivedate=2007-02-06 |url-status=dead }}</ref>
==See also== *Debt collection
==References== {{reflist}}
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Category:European Union law Category:2006 in European Union law Category:2006 in the European Union Category:European Union regulations Category:Judicial cooperation in civil matters in the European Union
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