ENFORCEMENT

Realizing the Debt Recovery

From Analysis of Judgment or Arbitral Award to Control of Execution Work

Enforcement is the final phase of debt recovery, where a court judgment or arbitral award is implemented. Here are the steps involved:

Analysis of Judgment or Arbitral Award: The first step is to analyze the judgment or arbitral award to understand its implications and the best way to enforce it.

Making a Strategy of Enforcement: This involves planning the best course of action to ensure that the judgment or award is properly enforced, considering the debtor's assets, location, and other factors.

Drafting Application for Enforcement to Local Court: An application is drafted and submitted to the local court, requesting the enforcement of the judgment or award.

Participation in Court's Hearings: Attending court hearings may be necessary to present your case for enforcement and respond to any objections.

Obtaining a Writ of Enforcement: If the court approves your application, you will receive a writ of enforcement. This legal document orders the debtor to comply with the judgment or award.

Filing the Writ to Bailiff's Service: The writ is then submitted to the bailiff's service, which is responsible for enforcing court orders.

Control of Execution Work: This involves monitoring the bailiff's service's progress to ensure that the enforcement process is carried out efficiently and effectively.

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