credit enforcement is a machine that, when put in motion, can become a huge problem for the debtor. Attaching a bank account, salary or social benefits is not only associated with tremendous stress, but very often hinders normal functioning. How to stop the execution and withdraw the case from the credit?
After initiating credit proceedings, the debtor has, unfortunately, limited room for maneuver. That is why it is so important to always try to agree to repay the outstanding liability directly with the creditor. credit enforcement procedures are strictly regulated by law and once the account or property is seized, negotiations with the credit will not change anything. It is not him that we must apply to withdraw the credit’s proceedings. The only person who can do this is the creditor.
Debt repayment, which is the easiest way to get rid of the credit!
The fastest and most obvious way to end a credit’s execution is to pay back your entire liability. This is best done on the creditor’s account, bypassing the credit, thus avoiding the high costs of credits. However, it is good to talk to the creditor in advance and inform him that if the execution is withdrawn, we will pay the entire debt immediately. If the creditor does not want to do this, we can still repay the entire liability to his account.
It is more difficult to avoid or get rid of credit seizure at a time when we are not able to repay all the debt immediately. In this situation, we must try to agree with the creditor on this matter.
The creditor, the last resort for the debtor
Unfortunately, only the creditor at whose request credit proceedings have been initiated may retain them. For this reason, if we want to stop the execution of the credit, we must send all kinds of applications to the creditor. Only an amicable settlement of the matter with the source itself can stop the recovery process.
In the event of an agreement, the creditor will submit to the credit a request to discontinue the proceedings or withdraw the enforcement application.
When the creditor refuses to communicate
In the event of resistance from the creditor and the lack of his good will, we cannot give up. Let’s send requests and requests to the creditor, and at the same time, pay some amounts to his account for the repayment of our debt. Then we will be able to appeal against his decision and, as a last resort, refer the matter to the Consumer Ombudsman, who, despite the fact that he cannot stop enforcement, may still have some influence on the creditor and thus lead to a settlement between the two parties.
Negotiations with the creditor only in writing!
It should also be remembered that despite the validity of verbal agreements, we must ensure that all arrangements with the creditor are in writing. For example, in a situation where the creditor promises us to withdraw the case from the credit, in return for which we will commit to transfer to the account indicated by him a certain amount, and despite the fact that we meet these conditions, he will not withdraw the case, we will have a basis to investigate his rights another way. However, you will need documents that confirm the agreement.
Withdrawal of credit attachment may be delayed and if you do not have the means to pay off your debt once, and you really want to avoid difficulties related to credit enforcement, you should consider other options for paying off debt. There are various types of loan companies’ offers, such as consolidation loans or loans for those in debt, which can be an alternative to avoiding debt collectors. The key, however, is quick action and avoiding hiding your head in the sand.