Law on the reform of the protection of account attachment
The law to reform the protection against attachment of accounts is a German amendment law . It was passed on July 7, 2009 and came into force on July 1, 2010. It fundamentally reorganized the protection of account attachment .
The law includes, among other things, changes to the Code of Civil Procedure , the Law on the Introduction of the Code of Civil Procedure , the Insolvency Code , the Tax Code , the Income Tax Act , the First Book of the Social Code, the Law on Foreclosure and Administration and the Law on Condominium .
A base amount of 985.15 euros was made deposit-free on an account set up as a P account. The background to the measure is that cashless payment transactions are of particular importance for participation in modern economic life, but seizures often lead to the termination of the contract for the current account connection by the credit institution. The reform of the protection against attachment of accounts is intended to preserve the bank account as an object for access by creditors and protect the debtor more effectively. An evaluation of the law was initiated in 2013 .
Individual evidence
- ↑ http://www.schuldnerberatung-sh.de/fileadmin/download/literatur/2006-02-01_ag_sbv_stellungnahme_girokonto.pdf
literature
- Schlicker / Linder: The reform of the protection against attachment of accounts - a win for everyone involved. In: ZIP , 2009, p. 989 ff.
