Home > Term: debt enforcement by seizure
debt enforcement by seizure
Debt enforcement applied where no assets have been pledged and the debtor is not entered in the commercial register with a function which renders them subject to debt enforcement by bankruptcy proceedings. Debt enforcement by seizure is the most common type of debt enforcement.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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