What happens to the attached assets if the debtor goes bankrupt?
The validity of provisional attachment will cease to be effective. [...]
What happens if attached assets are seized by the tax authority?
Tax claims have generally priority over other claims so the [...]
What happens if other creditors attach or provisionally attach the same assets?
A provisional attachment order only prevents the debtor from disposing [...]
What happens if the creditor loses the lawsuit?
The security is supposed to cover the damages that the [...]
What happens if the creditor doesn’t file a lawsuit?
The debtor can request the court to order the creditor [...]
What happens if the debtor doesn’t accept any settlement?
The creditor will need to file a lawsuit against the [...]
Why does provisional attachment encourage a settlement?
When a debtor’s assets are frozen, the debtor is more [...]
What happens to the security if no balance in the bank account is left?
Even if there is no balance, the security remains deposited [...]
How is a bank account frozen?
The bank freezes the account up to the amount specified [...]
When is security refunded?
Security is refunded when the creditor obtains a settlement or [...]