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.

Photo by Mathias Konrath on Unsplash