Categories: INFORMATION

WHO ARE THE PARTIES OF RECOVERY SUITS

WHO ARE THE PARTIES OFTHE RECOVERY SUITS?
If the property is in the hands of the debtor at the time of foreclosure, the right to file a lawsuit belongs to the third party. The third person who can file a lawsuit here is the person who claims to have a right to the property. It is not necessary that the property belongs to a third party. For example, if a third party has a pledge right on the property in question, this case can also be filed. A ration case is a lawsuit filed against a creditor. The creditor here is the creditor who has placed a lien on movable or immovable property whose right ownership is disputed.

In some cases, the creditor of the enforcement proceedings against the debtor may be more than one. In the event that more than one creditor undertakes enforcement proceedings and there is a mandatory litigation friendship between them, the ration case related to the decommissioned disputed property should be filed together against these creditors.

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