Andrey Fomin, attorney at Barristers, JSC: “In fact, we cannot speak of an unconditional seizure, since a decision was made to introduce an automatic procedure for freezing funds. And this order does not mention the seizure of funds.

In other words, the essence of this regulatory act is that while it was previously possible to freeze the accounts of debtors owing alimony, this procedure now applies to a broader range of debts. These may include debts under loan agreements or fines imposed in accordance with the law. It is important to note, however, that nothing has changed fundamentally.

Enforcement authorities now have a mechanism that allows them to quickly obtain information from the bank—including the account number, the debtor’s name, and the account balance—and thanks to this system, within a short time—about a couple of hours— it can freeze funds in the amount required.

As for the automatic debiting of funds—this initiative is being discussed, but they plan to implement it sometime around fall.”




Author: First City. Odessa

Source: 1tv.od.ua

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