What can and cannot be confiscated
Posted: Tue Feb 18, 2025 9:46 am
They have common property. In this case, the debtor's share can be seized for debts. If it is a common apartment, the relative receives payment in the amount of his share or a smaller apartment. To avoid exchange, he may be offered to buy out the defaulter's share.
One of the relatives acted as a guarantor for another's loan. If the borrower fails to make payments on the loan, the guarantor is held responsible. He risks losing his property if he refuses to repay the debt.
The property of a relative is the subject of collateral under a loan agreement. For example, a father pledged his car to secure a loan in the name of his son. If the son does not pay the debt, the father's car is seized and sold, and the proceeds are sent to the creditor - in full or in part, depending on the amount of the debt.
An incapacitated citizen took out a loan lebanon mobile database and cannot pay it. This is possible, since banks are not required to check the borrower's capacity when issuing loans and credit cards. In this case, joint liability falls on the guardian. If the borrower first took out a loan and then became incapacitated, the guardian should not pay his debts.
Bailiffs have the right to describe only certain types of property - luxury items, jewelry, furniture and non-essential equipment. Televisions, sound systems, coffee makers, dishwashers, computers are subject to description. They can seize money, but not the entire amount, they are obliged to leave about 5-10 thousand rubles for the first time.
By law, the following cannot be confiscated:
only housing;
necessary furniture and equipment: tables, beds, sofas, refrigerators, washing machines, kettles, etc.;
clothes, shoes, personal belongings, bedding;
food products;
car of a debtor with disabilities;
equipment necessary for the work.
Bailiffs also cannot confiscate things that do not belong to the debtor. But this is where the main difficulties arise. When representatives of the law come to the place of registration, they assume that they can describe any property. It is the owner who is obliged to prove that the property belongs to him and not to the debtor.
One of the relatives acted as a guarantor for another's loan. If the borrower fails to make payments on the loan, the guarantor is held responsible. He risks losing his property if he refuses to repay the debt.
The property of a relative is the subject of collateral under a loan agreement. For example, a father pledged his car to secure a loan in the name of his son. If the son does not pay the debt, the father's car is seized and sold, and the proceeds are sent to the creditor - in full or in part, depending on the amount of the debt.
An incapacitated citizen took out a loan lebanon mobile database and cannot pay it. This is possible, since banks are not required to check the borrower's capacity when issuing loans and credit cards. In this case, joint liability falls on the guardian. If the borrower first took out a loan and then became incapacitated, the guardian should not pay his debts.
Bailiffs have the right to describe only certain types of property - luxury items, jewelry, furniture and non-essential equipment. Televisions, sound systems, coffee makers, dishwashers, computers are subject to description. They can seize money, but not the entire amount, they are obliged to leave about 5-10 thousand rubles for the first time.
By law, the following cannot be confiscated:
only housing;
necessary furniture and equipment: tables, beds, sofas, refrigerators, washing machines, kettles, etc.;
clothes, shoes, personal belongings, bedding;
food products;
car of a debtor with disabilities;
equipment necessary for the work.
Bailiffs also cannot confiscate things that do not belong to the debtor. But this is where the main difficulties arise. When representatives of the law come to the place of registration, they assume that they can describe any property. It is the owner who is obliged to prove that the property belongs to him and not to the debtor.