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12Mar/09Off

Personal over-indebtedness

The Overindebtedness Private / Trader What are the situations involved in the process of indebtedness particular - commercial

At one point, when you're in serious debt, you receive from your creditors of payment orders, you are harassed by bailiffs. That's when he must react! Because anyway you can not cope with your debts.

You can also react before being harassed. In anticipation of a likely debt (job loss, unforeseen additional costs, ...)

What are the requirements for consideration of the application

It is important to react quickly. Indeed, the Bank of France will not appreciate that you've contracted a new loan knowing that you could not cope. It's a matter of logic

The beneficiaries of the procedure

This procedure is reserved only for individuals residing in France and non-professional debts (case of bankruptcy). In any case, a creditor can require you to enter the committee is a decision that belongs only to you.

Debts

Debt deductions are generally debts related to everyday life. They may be car loans, credit for the purchase of furniture, rent arrears, electricity bill, taxes. Receivables due under subscription (mobile, internet, ...) are not included in the debts to remember. Regarding alimony, they will be taken as priority debts. It should also be noted that the debts of the state (income taxes, local taxes, miscellaneous taxes) are also priorities.

Tax debts

In the case of tax debts, it is possible to ask for discounts or even cancellations.

An example file is properly completed debt available at www.le-folder-surendettement.fr

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