How to determine the bailiff’s debt?

Every person at least once in their lives got into debt. If the amounts are small, you can still remember. But when money needs to be returned to several authorities at once, confusion can begin.

If time does not pay out debt, then in the most unexpected moment can get out. For example, at check-in, it turned out that the bank wrote a claim to you and won the process. How to determine the debt from bailiffs?

Who can not go abroad?

cash

In the article. 67 of the Act on the Enforcement of Judicial Procedure, it is said that persons in default of maintenance, loans, taxes, fines, and payments for services who have delayed the refund for no good reason may be entered in the GFIC database. Based on these data, they will be limited to leaving the Russian Federation.

However, a separate court decision is not required. For SP, a tax authority’s order to recover claims is itself an executive document. Based on this information can be entered into the GFIC database. Therefore, it is worth knowing in advance debt from executors.

In addition, the grounds for excitement enforcement procedure may be any administrative violation: non-refundable tax, traffic police, border, veterinary services, customs, labor inspection.

Any fine must be paid within 30 days

cash

Any fine must be paid within 30 days of the date on which the provision becomes effective (Article 32.2 of the Code of

Administrative Procedure). You should then submit payment confirmation documents to the issuing authority.

If this is not the case, all materials will be sent to the bailiff. Until now, you can safely travel abroad. And in order not to worry about it at all, it is worth knowing in advance the debt of court executors.

Limitations

money

After the decision, the borrower may have days to voluntarily repay the debt. This right is stated in the document itself. If the answer is not followed, then the executive service can accept debt recovery, for example, seize property.

If the debt is not repaid voluntarily, the offender is not entitled to travel outside the country. However, if enforcement measures are taken, such a ban is not always legal.

Banks have increased the granting of consumer loans.

Unfortunately the situation of the Spanish families does not finish starting. Although the crisis theoretically begins to fade, this is not noticeable at all in salaries. Hiring is still very precarious and wages are getting lower. In fact, the distribution of wealth is truly worrying. Only 1% of the world population monopolizes 82% of the wealth.

In this scenario, Spanish families try to get ahead as well as possible. And the only way to get it is consumer credit. Some loans have become very fashionable due to the impossibility of being able to make ends meet on many occasions.

During 2017, banks have increased the granting of consumer loans. In fact, today it grants more of this type of credit than mortgage loans. Their eagerness to make more profits has led them to grant more of this type of loan with an interest rate of around 8%.

From Lite Lender Company we tell you everything

From Lite Lender Company we tell you everything

This situation can be considered as truly alarming. Especially if we think about the numbers. In 2017 alone, the bank granted consumer loans worth 43,148 million USD. An amount that far exceeds the amount that has been used for the granting of mortgages.

According to the Infra Bank data, both Spanish companies and families continue to reduce debt little by little. However, it takes more and more time to achieve it. This reading is related to the increase in consumer credits. This type of loan does not stop growing gradually.

In fact, during 2017 alone, the granting of consumer loans grew by 18.5%. These loans are used in most cases to acquire appliances, a new vehicle or even take a vacation with the family.

Today, the granting of consumer loans far exceeds the capital dedicated to mortgage loans. While the first exceeded 43,000 million USD during the previous year, the second did not exceed 38,862 million USD.

Despite these figures, the granting of mortgage loans has also increased in recent years. However, growth has been much more sustained and less high than in the case of consumer loans.

Data according to the Infra Bank

Data according to the Infra Bank

Today, consumer loan debt continues to grow. In fact, during the last three years, it has gone from 162,000 million USD to 174,000 million.

These loans, however, are not just a recurring option for Spanish families. They are also for small and medium-sized companies seeking financing to be able to move forward.

Another interesting reading of these data offered by the Infra Bank is related to the amortization of debt on mortgage loans. In this case, unlike in the first, the depreciation increases considerably. In total, 2.4% less debt has been accumulated than in 2016.

What causes this growth in consumer credit

What causes this growth in consumer credit

Undoubtedly, there are several factors that have triggered this type of credit

  • The measures of the Cream Bank are very important when it comes to generating liquidity. Setting the interest rate at 0% and penalizing those banks that save their money has caused financial institutions to open their fists again.
  • On the other hand, the economic needs in a society where wages are getting lower and jobs for less force to resort to this type of loan.