Justice determines the conditions to be met for the possession of the debtor's money



[ad_1]

Justice determines the conditions to be met for the possession of the debtor's money

Diyar

The Ministry of Justice has disclosed cases in which the money of the detainees and the manner of payment of their debts, illustrated, are published on the official Twitter page indicating that all debt money is the one that they have given in order to secure the payment of his debt.

The Ministry said that if the debtor does not pay the debt, it is not allowed to seize his house, his means of transport and his dependents, unless the house or means of transport is mortgaged by the creditor. Total wages and the necessary work of his profession In addition, personal debt can not be seized, in which case the executive judge is sufficient.

In the case of payment of the debtor, it is divided to pay its debt by half of the salary for long maintenance and one third of the second half of the other debts, and one third is granted for the repayment of one or more creditors and in accordance with the sharia.

The Ministry stated that the debtor may, in the case of a good payment and deposit of a part of the debt, remove the custody of his assets and transfer it to the deposited amount, emphasizing that the debtor's assets can not be seized more than the principal of the debt, unless the property is indivisible , The Executive Judge will ensure that the funds are allocated for quick borrowing.

[ad_2]

Source link