How do I know if a company is the subject of a collective proceeding?

A company can check the financial situation of any company with whom it wishes to enter into a business relationship: a supplier, a supplier or a new customer, etc.

For this purpose, it may consult the following specialized sites which will enable it to ascertain whether collective proceedings have been instituted against a company.

Official Bulletin of Civil and Commercial Advertisements (bodacc.fr)

The Official Bulletin of Civil and Commercial Advertisements (Bodacc.fr) refers to all the companies in the collective proceedings.

Thus, when a company is the subject of a collective proceeding, the opening judgment must be published in the bodacc within 15 days.

Consult the Official Bulletin of Civil and Commercial Advertisements (bodacc.fr)

The site bodacc.fr allows you to create for free an “Alert” account to receive daily all advertisements that match pre-defined search criteria.

The company Directory

This site allows you to know all the legal and financial information (legal form, amount of turnover, etc.) of a company.

This site also indicates whether a company is collective proceedings by clicking on the “Announcements” tab.

Company Directory: Find all information in a company

Legal company Advertising Portal (PLPP)

The companies Legal Advertising Portal (pple.fr) provides free, real-time access to companies’ legal information: the existence of a collective procedure, but also changes, transfers, the number of establishments, the publication of accounts, etc.

Legal company Advertising Portal (PLPP)

When a company has a claim unpaid against a company in difficulty, it is directly informed by the judicial representative or the receivership opening a collective proceedings.

When collective proceedings are opened, the company in difficulty draws up a list of its creditors (for example, a supplier or a service provider). It shall hand it over to the judicial representative or the liquidator.

Each known creditor is then sophisticated in the 15 days of the opening judgment of the collective procedure by simple letter. It then has a period of 2 months from the publication of the procedure in the Official Journal of Civil and Commercial Advertisements (bodacc.fr) to to declare his claim .

This declaration gives him the possibility of obtaining the settlement of his claim. The creditor who has not declared his claim within the two-month period will not be paid: he is considered to be "forclosed".