Means of enforcement include enforcement actions or a system of such actions required, according to the law, to forcibly collect the claim. The means of enforcement are a set of enforcement actions taken in the enforcement procedure in order to carry out a specific enforcement, i.e. to enforce the collection of the judgement creditor’s claim. The subject of enforcement is the object of the enforcement action or a sequence thereof. These include all things and rights that, according to the rules of the enforcement procedure, are subject to enforcement in order to collect the claim. The object of the judgement debtor’s liability must be clearly defined or identifiable and must not be contrary to coercive regulations.
Enforcement on movable property is carried out by seizing, assessing, and selling such property, and by paying the judgment creditor from the proceeds of the sale.
In a case where this office represented the judgment creditor in Debt collection in Bosnia and Herzegovina (Inkasso in Bosnien und Herzegowina) – Enforcement over movable property – the Municipal Court in Mostar in case number 58 0 Ip 218660 20 Ip issued an Enforcement Decision allowing and ordering the enforcement on the basis of the Movable Property Pledge Agreement and the Certificate of Registration for Debt Collection in the amount of BAM 2.857.688,49 (EUR 1.461.112,92) . Upon the Enforcement Decision, in the subsequent procedure, the bailiff confiscated the movable property (security) and paid the judgment creditor from the proceeds of the sale.
We also successfully represented a judgment creditor before the Municipal Court in Sarajevo, case number 65 0 IP 755815 19 IP, for a debt in the amount of BAM 114.069,37 ( EUR 58.322,74). Namely, the Municipal Court in Sarajevo allowed and ordered the enforcement pursuant to a Movable Property Pledge Agreement and the Certificate of Registration, on the basis of which the court bailiff subsequently confiscated the movable property (security), and in the enforcement proceedings a buyer was found who purchased the movable property subject to enforcement, whereby the judgment creditor was paid in full.
If you need advice concerning Debt collection in Bosnia and Herzegovina (Inkasso in Bosnien und Herzegowina) – Enforcement over movable property – as a company, shareholder, managing director, or founder, or if you need a corporate law attorney in Sarajevo for your company or your business idea, then you have come to the right place. You can contact our corporate law attorneys directly by telephone (+387 62 342 463), WhatsApp, Viber, or email (rasid@haracic.ba).
