Enforcement and bankruptcy law is one of the areas where time limits are shortest and consequences materialise most quickly. For creditors, choosing the right enforcement route is decisive; for debtors, acting without delay once notification has been received.
For creditors
Depending on the basis of the claim, the appropriate route is chosen: enforcement based on a judgment, enforcement without a judgment, or the special procedure for negotiable instruments. The debtor’s assets are traced, and attachment, safekeeping and sale procedures are monitored regularly through UYAP, the national judicial information system. If an objection is raised, proceedings for its annulment or removal are conducted.
For debtors
The debtor’s rights are protected through timely objections to payment orders, complaints concerning improper service and exemption from attachment, and negative declaratory and restitution actions. Where necessary, payment plan and settlement negotiations are conducted.
Concordat and bankruptcy
For businesses in financial difficulty, the conditions and process of concordat are assessed; for creditors, claims are registered and followed up in bankruptcy and concordat proceedings.
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