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Universul Juridic magazin

Enforcement of bank debts in the light of the new Civil Procedure Code (or about volume enforcements)

From the point of view of people working for the recovery of bank debts (of volume creditors), the regulation of enforcement in the new Civil Procedure Code occurred at a bad moment, depriving of predictability both the commercial (onerous) act of lending, and the legal act of the recovery of claims. The heavy, incomplete or, worse, contradictory legislation in certain matters, extends the period of debt recovery, increases the cost of operation, depriving economic actors of the amounts due to them.