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Debt recovery SolutionS

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:
1
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.
2
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.
3
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.
4
Participation in Court's Hearings: Attending court hearings may be necessary to present your case for enforcement and respond to any objections.
5
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.
6
Filing the Writ to Bailiff's Service: The writ is then submitted to the bailiff's service, which is responsible for enforcing court orders.
7
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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