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You are here : Home1 / The seizure attribution

What is the seizure of property procedure?

Seizure is a procedure to seize your debtor's claims for a certain amount of money in the hands of a third party. If your debtor does not pay, but someone else owes him money under another contract, you can ask him to pay you directly. This procedure prevents the money from going through your debtor and saves time.

How do I do it?

It is necessary to obtain a writ of execution first. It is impossible for you to proceed to this seizure yourself. Here is the procedure to follow:

  • The bailiff must serve the seizure on your debtor
  • The bailiff has 8 days to report the seizure to your debtor
  • Your debtor has 1 month to contest the seizure
  • If there is no dispute within this period, your debtor's debtor pays you directly, instead of paying your debtor

It is also possible that this procedure concerns the debtor's bank accounts. In this case, the creditor will seize the debtor's accounts through the bank. It will be possible to set up protective attachments for this purpose.

The seizure is therefore an effective way to obtain the repayment of your debt following a payment order procedure.

The collection dictionary

  • Amicable collection
  • The payment order procedure 
  • Opposition to an order for payment
  • Court Bailiff
  • The enforcement order
  • The certificate of uncollectibility
  • Article 1408
  • Article 700
  • Seizure of assets
  • Seizure and sale
  • The Commercial Court
  • The lump-sum recovery indemnity of the LME Act
  • Tribunal de proximité (formerly the Tribunal d'instance)
  • Judicial Tribunal

The Practical Guide to Recourement

  • Contents
  • Introduction to debt collection
  • Payment reminder
  • Searching for financial information
  • Outsourced debt collection
    • Amicable collection
    • Judicial recovery
  • Tax and accounting treatment of bad debts

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Debt collection

  • Contents
  • Introduction to debt collection
  • Payment reminder
  • Searching for financial information
  • Outsourced debt collection
    • Amicable collection
    • Judicial recovery
  • Tax and accounting treatment of bad debts

Resources

  • Search for a company
  • The collection dictionary
  • The Collection Guide
  • Judicial recovery rates
  • Legal assistance
  • FAQ
  • Customer access
  • Settling a debt

The collection dictionary

  • Amicable collection
  • The payment order procedure 
  • Opposition to an order for payment
  • Court Bailiff
  • The enforcement order
  • The certificate of uncollectibility
  • Article 1408
  • Article 700
  • Seizure of assets
  • Seizure and sale
  • The Commercial Court
  • The lump-sum recovery indemnity of the LME Act
  • Tribunal de proximité (formerly the Tribunal d'instance)
  • Judicial Tribunal

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