Remedies of the debtor against the Preservation Order under Regulation (ЕU) 655/2014 establishing a European Account Preservation Order procedure to facilitate cross-border debt recovery in civil and commercial Cover Image
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ЗАЩИТА НА ДЛЪЖНИКА ПРИ УПРАЖНЯВАНЕ ПРАВАТА НА КРЕДИТОРА ПО РЕГЛАМЕНТ (EС) 655/2014 В ПРОИЗВОДСТВО ПО ИЗДАВАНЕ НА ЕВРОПЕЙСКА ЗАПОВЕД ЗА ЗАПОР НА БАНКОВИ СМЕТКИ С ЦЕЛ УЛЕСНЯВАНЕ НА ТРАНСГРАНИЧНОТО СЪБИРАНЕ НА ВЗЕМАНИЯ ПО ГРАЖДАНСКИ И ТЪРГОВСКИ ДЕЛА
Remedies of the debtor against the Preservation Order under Regulation (ЕU) 655/2014 establishing a European Account Preservation Order procedure to facilitate cross-border debt recovery in civil and commercial

Author(s): Radostina Nikodimova
Subject(s): Law, Constitution, Jurisprudence, International Law, EU-Legislation
Published by: Институт за държавата и правото - Българска академия на науките
Keywords: European Account Preservation Order; Bank accounts; Funds; Remedies of the debtor; Enforcement authority; Judgment; Court settlement; Authentic instrument; Member State of origin

Summary/Abstract: Regulation (EU) No 655/2014 establishes a simplified procedure for issuing an European Account Preservation Order related to cross-border debt recovery in civil and commercial matters. The debtor’s remedies are regulated and structured in four lines of remedies: 1) Remedies of the debtor against the Preservation Order, 2) Remedies of the debtor against enforcement of the Preservation Order; 3) Protection available to both the debtor and the creditor; and 4) Right to provide security in lieu of preservation.

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