What Property Traces of the Debtor Are Available to Creditors in Germany? What Are the Common Ways of Investigating Property?
Contributed by Dr. Stephan Ebner, DRES. SCHACHT & Kollegen, Germany.
The debtor’s property may be disclosed by the bailiff as a state enforcement measure.
In this case, the debtor must provide information about the available assets.
It is the creditor who can decide which assets are to be enforced against.
Contributor: Dr. Stephan Ebner
Agency/Firm: DRES. SCHACHT & Kollegen
Position/Title: Rechtsanwalt, Attorney at Law (NY)
Country: Germany / USA
For more posts contributed by Dr. Stephan Ebner and DRES. SCHACHT & Kollegen, Germany, please click here.
The Q&A Global is a special column run by CJO Global, and serves as a knowledge-sharing platform to facilitate peer learning and networking, and to provide the international business community with a global landscape of this industry. This post is a contribution from Dres. Schacht & Kollegen. Dres. Schacht & Kollegen was founded in 1950 and is a law firm with four offices in Germany. They advise and represent domestic and foreign companies, institutions and individuals in all legal and strategic matters.