Conclusion of Enforcement Proceedings

Conclusion of Enforcement Proceedings

Undecided Finalization of Non-Performing Debt

In the enforcement proceedings initiated through general foreclosure, the prosecution stops if the debtor notifies the objection within 7 days against the pay order sent to him by the enforcement department. If no objection is made within the objection period, the pay order and enforcement proceedings will be finalized.

Paying paid paid pay order The notified person may object to the pay order if he/she believes that he/she does not have such a debt or that he/she has paid the debt subject to follow-up. Paying pay in the follow-ups initiated through general foreclosure, the objection to the payment order is made to the enforcement directorate that sent the payment order. However, if the debtor is located in a place other than the place where the prosecution was opened, the prosecution may also be appealed through another enforcement agency. In this case, the debtor goes to the nearest enforcement directorate where he is located, submits the appeal petition to the authorized enforcement directorate, and the objection document is sent by the authorized enforcement directorate to the enforcement directorate to which he is affiliated.

In the same petition submitted to the enforcement office, it can be argued that both the enforcement office is unauthorized and that there is a debt subject to follow-up. Addition to the objection to the debt, if an objection is to be made to the place where the enforcement proceedings are conducted, the authority objection should be made together with the objection to the debt.

In the enforcement proceedings initiated through general foreclosure, the rightness or unfairness of the debtor’s objection to the debt is not investigated. With the objection, the pursuit stops. In order to eliminate the debtor’s objection and continue the enforcement proceedings for the collection of the receivable, the creditor must file a lawsuit for the cancellation of the objection in the Enforcement Court within six months and for the cancellation of the objection in the general courts within one year. This period begins with the notification of the petition of objection to the debt to the creditor.

The Final Period for the Announced W-Ups

It will depend on the decision, unlike undecided pursuit, it cannot be appealed. Paid payable debtor, however, under certain conditions, for reasons such as “payment of debt, postponement of debt, expiration of the statute of limitations of the debt to be paid” may apply to the enforcement court within 7 days from the notification of the enforcement order and request a postponement of execution. Unlike the objection, the follow-up does not stop spontaneously with the withdrawal request. If pay, postponement, or statute of limitations situations have arisen after the notification of the executive order, the postponement request is not subject to the period. Unlike the pursuit without a court order, a court order is required to stop the pursuit here.

The Period of Finalization of the Follow-ups Specific to Foreign Exchange Securities

The payee may object to the debt, authority and signature within 5 days from the date of notification of the payment order to him; however, the objection to the signature must be made clearly and separately, unlike other objections, otherwise the valid signature will not be objected to.

Paid paid paid paid paid paid paid paid Paid In October In addition to the 5-day appeal period from the notification of the debtor’s payment order, there is a 10-day payment period from the notification of the payment order, if the debtor does not pay the debt and follow-up expenses within 10 days from the notification of the payment order, the creditor may foreclose on the debtor’s property.

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