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Real Estate

§ April 27th, 2011 § Filed under general § Tagged Comments Off on Real Estate

Preparing a notice of judicial foreclosure, which is delivered to the debtor. The debtor may, within two weeks of receipt of notice of judicial appeal against it. After payment of litigation costs the case is transferred to the court for the main proceedings, which substantiates the claim. If the debtor fails to present any objections or present it is too late, announced the decision on the execution of a penalty, which was also sent to the debtor. If again not received any objections, then the court's decision on such a claim comes into force and this means that it is enforceable. The process usually lasts between six to eight weeks. During the procedure notified of the collection of debts apply reduced rates court fees. The lawyer gets a full-time fee for the proceedings and half the fee for drawing up proposals for a decision on the execution of a foreclosure.

5. What are the possible execution judicial decisions? Which of them should be preferred? In Germany, in matters of enforcement of the claims have the following features: – the seizure of property and transfer requirements of the debtor to third parties (Eg, bank deposits, requirements for a business partner, the requirement for financial institutions on tax returns, the right to receive wages); seizure and sale of movable property, the implementation Real Estate. – The most accurate and fastest possibility of execution of court decisions is the seizure of the debtor's claims against third parties. This issue is related to the competence of the lower court at the place stay.