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Enforcement and Bankruptcy Law

Enforcement proceedings, removal of objections, negative declaratory actions, bankruptcy and concordat.

Enforcement and bankruptcy law protects creditors when debts are not paid and regulates the collection of receivables. It covers compulsory enforcement, attachment, bankruptcy and concordat.

Managing debtor and creditor relationships correctly is important for the financial stability of individuals and companies alike. Effective enforcement depends on legal steps being taken on time.

Boybey Law & Consultancy represents and advises clients in enforcement proceedings with or without a court judgment, removal of objections, negative declaratory actions, eviction and bankruptcy cases. We also develop preventive legal solutions for receivables management.

Frequently asked questions

How long do I have to object to a payment order?

In general enforcement proceedings without a judgment, an objection can be made within seven days of service of the payment order. For proceedings based on negotiable instruments, the period is five days.

What can the creditor do if the debtor objects?

The creditor may ask the enforcement court to remove the objection or bring an action for annulment of the objection before the general courts. Which route applies depends on the nature of the documents evidencing the debt.

What is a negative declaratory action?

A negative declaratory action seeks a ruling that a debt does not exist. It can be filed before or after enforcement proceedings, and an interim measure to suspend enforcement may be requested where the conditions are met.

Let us assess your legal matter together.

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