Is the account unfrozen after the execution is terminated?

Mondo Social Updated on 2024-01-28

The termination of the execution does not automatically unfreeze the account, and the account can only be unfrozen if the judge in charge of the case in the Executive Directorate issues a ruling to unseal the account. Of course, if the bank account has been frozen for more than 6 months, you also need to apply for unfreezing.

Steps:1.Termination Execution:When the debtor's debts are fully discharged or other termination occurs, the Executive Board will proceed with the termination of enforcement. This is a judicial process, which generally requires an application by the creditor or debtor, and the execution can only be terminated after the approval of the court.

2.Unfreeze:The termination of execution does not automatically unfreeze the account, but requires the creditor or the debtor to apply to the judge in charge of the Executive Board to lift the seizure. When applying, it is necessary to provide relevant evidence to prove that the termination of enforcement has occurred, and attach the corresponding application form.

3.The judge handling the case ruled that:The case judge of the Executive Directorate examines the application and, depending on the circumstances, issues a decision to lift the seizure. After the seizure is lifted, the bank will receive a corresponding notice to unfreeze the account.

It is important to note that the specific procedure may vary slightly depending on the region and situation, and it is recommended to consult with the local court or executive board for accurate guidance and procedural instructions depending on the specific enforcement situation.

For example, suppose a debtor's bank account is frozen, and the debtor successfully completes the settlement of the debt after a period of enforcement proceedings. The creditor or debtor may apply to the judge in charge of the Executive Board to lift the seizure, providing appropriate evidence to prove that the debt has been discharged. After examining the application, the judge handling the case issued a ruling to lift the seal, and the bank unfroze the account after receiving the notice. After that, the debtor can use the account normally for fund operations.

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