Most of the new cars from Russians are issued on credit. In case of failure to fulfill its debt obligations, the bank has the right to seize the property for further sale to repay the untimely paid payments and the arisen debt.
It is necessary
- - written request;
- - notification;
- - a statement to the bailiffs;
- - application to the court;
- - pledge agreement;
- - performance list.
Instructions
Step 1
A car loan is issued in almost any bank. Most financial institutions willingly issue it, but at the same time they draw up a notarial pledge agreement and seize the passport of the technical device from the newly-made owner for storage in a safe.
Step 2
The pledge agreement is liquidated after the full repayment of the entire loan amount, interest and other payments provided for by the loan agreement.
Step 3
If payments on a completed loan are received from the client late or are not received at all, the bank is obliged to send a written demand to repay the loan and the arisen debt in the form of a forfeit or fines.
Step 4
The bank provides a certain number of days to pay off all debts and current payments. The maturity dates specified in the demand may vary from one credit institution to another.
Step 5
If all the requirements of the bank are left without attention, the client continues to ignore his obligations, the bank is obliged to re-notify him in writing about the seizure of the car to pay off the debt and the rest of the loan.
Step 6
A notary pledge agreement is a sufficient basis for starting enforcement proceedings for the seizure of a car, sale and repayment of debts at the expense of the proceeds.
Step 7
The bailiffs, with the help of law enforcement officers, seize the car, give it to a car dealership for sale and send the proceeds to the bank to repay the loan amount.
Step 8
Often, banks do not issue a pledge agreement and do not seize the PTS. In this case, the car can be seized only on the basis of a court order with the involvement of bailiffs.
Step 9
On the basis of a court order, a writ of execution is drawn up, according to which compulsory enforcement proceedings begin.
Step 10
Before withdrawing the car, the client is again offered to pay off the entire amount of the debt and are given an additional 10 days for this.
