TERM OF PROVISIONAL REMEDY

What is a Provisionary Remedy in General?

Precautionary lien is a temporary legal protection that provides for the confiscation of the debtor’s assets by a court decision to ensure the outcome of the current or future follow-up of money receivables. The creditor requests an injunction from the competent court on the basis of a suitable petition that he will receive a born or unborn child, and if the court accepts this request, it decisively decides that the creditor will deposit a security ranging from 10 to 15 percent. Without this guarantee, it is impossible for the court to make an injunction lien decision. Generally the following liens money in receivables related to provisional legal protection of law as, for example, find application in the context of savings and the annulment of bankruptcy cases, although depending on the area and found mainly in law enforcement because her application under this section were examined.