The claim documented by the unpaid debt certificate becomes time barred 20 years after the issue of the unpaid debt certificate; in relation to the debtor’s heirs, however, the claim becomes time barred one year at the latest after the process of succession begins.
The debtor may settle the claim at any time by making payment at the debt enforcement office that issued the unpaid debt certificate. The office shall forward the paid amount to the creditor or if applicable pay it into the official depositary.
Following settlement, the entry in respect of the unpaid debt certificate shall be deleted from the registers. Written confirmation shall be sent to the debtor on request.
0 commentaries
No commentaries are available for this article yet.