What can the bailiff take – free credit amount from Good Finance’s attachment
None of us can predict what will happen. Sometimes a combination of unfortunate events is enough for our financial position to be shaken. Losing your job, unexpected renovation, illness, accident, and many other random situations can cause us to reach for loans or credits, which are difficult to pay back later.
It should be emphasized that the same applies to paid mobile phones or other equipment that is necessary for us. Unfortunately, in many cases, up to 3 unpaid installments are enough for the lender, telecommunications company, etc. to terminate the contract – then we have to reckon with a number of difficult events that await us in the future. What happens if I don’t repay the loan? I am in a debt loop and unable to pay my loan companies, what now?
What can a bailiff take? What are the legal costs? Does the bailiff contact the employer? Probably these and many other questions accompany people who are struggling with temporary financial problems that have resulted in the account being seized.
In order to systematize knowledge on this subject, we have prepared a short guidebook in which we will cover the most important issues related to bailiff activities.
Bailiff classes: we answer the most frequently asked questions
Most often, when we receive a notification about a bailiff’s occupation, we fall into sadness and depression, accompanied by constant fear. How will I support my family now? What should I live from?
Will my employer fire me? These are just a few of the concerns that accompany many people in this situation. This is due to the fact that the very word “bailiff” is marked negatively and is most often associated with someone who will soon enter our apartment and take everything we have.
In practice, however, it is different, which we will try to explain later in our article. The key, however, is – and this should be especially remembered – that the bailiff’s activities are also governed by the law that is worth knowing.
Therefore, by definition, he cannot do things against us that are not indicated, such as taking the entire payment or taking things that do not belong to us. However, to get a picture of the whole situation, you should be aware of the following aspects.
When does bailiff seizure occur?
Before we get into issues of what it can do bailiff, you should answer the question of when such activities occur at all. Regardless of whether we are in arrears with the installment: consumer credit, loan or telephone bill – in each of these situations the mode of action is similar.
The party to the contract, which has provided us with financial support, or has agreed to repay the price of household appliances within a specified period, will want to get their money back. When we are late paying off several days, most often the small interest will be added to the entire debt.
If the problem persists for several months – depending on the provisions of the contract – the loan, loan or subscription contract is terminated and recovery proceedings are initiated.
What is the debt recovery procedure like?
Most often, banks and non-bank institutions have an internal debt collection department or outsource the recovery of money to an external company. Initially, each of them tries to contact us by phone or e-mail.
We must also reckon with the fact that we will receive a letter request for payment. In the next step, there may be so-called field debt recovery, which is associated with the fact that someone will visit us at home, work or other places. If such actions do not bring results, and we continue to avoid contact, then the case is referred to court. This is the step after which we should expect bailiff attachment.
At this stage, we must remember that even if we settle the debt we will be called to pay court costs. However, bailiffs take place when we continue to evade debt. The court sends a notice to the bailiff, who is now responsible for recovering this money, of course, adding to the court costs, bailiffs fees, and interest.
It happens that people who have borrowed, e.g. USD 3,000, have to pay back that much, so it is better to try to communicate at the debt collection stage.
My employer has been notified that my salary has been taken – can he dismiss me on this basis?
There are no legal indications that after the information about the bailiff’s seizure, the employer decides to terminate cooperation or dismissal. Even if this happens, he may face criminal liability for breaking the Labor Code.
The only thing that the employer does in connection with the seizure of the employee’s salary is transferring the payment to the bailiff’s account. Therefore, we should not worry about losing our jobs due to debts.
If we already know that the bailiff will take our pay any day, it is worth informing staff about what may happen and ask for discretion, because these situations are not always easy. Especially when we need to meet people who know about our problems and do not feel comfortable in their company.