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creditor Tag

Law firm Vaić & Dvorničić Ltd. > Posts tagged "creditor"

Limitations on enforcement on real estate in Croatia

A review of the e-auctions register of real estate and movable property maintained by FINA shows that, in the Republic of Croatia, there are around 600–700 enforcement proceedings against real estate on a daily basis. A significant number of motions for enforcement against real estate are dismissed in the preliminary proceedings, as both individuals and entrepreneurs are often unaware of certain important limitations on enforcement against real estate. Special conditions for ordering enforcement against real estate (1) The court shall dismiss a motion for enforcement against real estate if the principal claim for which enforcement is sought does not exceed 5.300,00 EUR ,...

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