When is the VP closed? After payment and receipt, or after ...?

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Photo of Anastasiia Novikova

... money coming into the account?

19.05.2023 18:18 534

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Photo of lorina200215 Lorina Fedan

Enforcement proceedings can be closed, even if the debtor does nothing, for example, if the debtor has no property and official income, the executor closes it himself, after about a year. The debtor will remain in the register of debtors, and property seizures remain.

In addition, closure of executive proceedings is possible in the following cases:

  • Cancellation of executive letter;

  • Cancellation of the executive inscription of the notary;

  • Conclusion of a settlement agreement with the creditor;

  • Cancellation of a court decision in absentia;

  • Cancellation of the decision of the appellate court;

  • Repayment of debt to the creditor.

19.05.2023 20:32

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