Some debtors who do not hurry to return the borrowed funds are faced with such an unpleasant procedure as an overlay arrest to the current account. It is done in order to make the creditor's account holder in the literal sense.
True, this measure is used only after the borrower is submitted to the court, that is, the arrest is possible only after making a decision by the court or in some cases provided for by law.
The imposition of the court of arrest to the current account looks like this:
1. The lender, who knows that the borrower has a bank account, turns to court with a petition and request to impose arrest. Such requirements may also present control agencies, while the appeal always occurs only in court, since the Bank has no right to respond to such requests, and can only fulfill the orders of authorized bodies.
2. The executive production or trial begins. As a result, a decision is made to impose an arrest that is sent to the financial institution. This is the responsibility of the bailiff. If the details are not known, he sends a decree on the search for account data in order to impose arrest on them. The seizure of arrest is practiced to the current account on the executive list - the forced recovery of funds, which is also executed by office bailiffs after the recoverer sends it together with the application for recovery.
3. Bank or other credit organization immediately stops all operations with the specified account. The contracting executor communicates all details and data on the size of cash belonging to the debtor.
4. In the event that there is no money on the account, or they are very small, then all operations are still suspended, with the means can continue to do, but they will also be arrested.
Despite the fact that recovery refers to the direct duties of bailiffs, the recoverer can take this issue and independently. This is possible if the creditor is well known about the presence of open accounts in the bank in the name of the debtor, and he has an executive list on his hands.
The imposition of arrest to the current account, of course, a very unpleasant procedure for the debtor himself, which is deprived of its own funds. To prevent this, you need to correctly calculate your capabilities and not allow such situations. Ukrainian space business will leave traces in the space ecosystem