Foreclosure auction (Switzerland)
The foreclosure auction is the enforcement of a claim with state power.
In Switzerland, the foreclosure takes place in debt Betreibungs - and bankruptcy matters under the Bankruptcy Law . In the case of the forced sale of real estate, the VZG is also decisive, which implements the sparse provisions of the DEBA.
The cover principle does not apply to a foreclosure sale under bankruptcy law. However, in the case of a public auction in bankruptcy, the principle of double appeal must also be taken into account (Art. 258 (2) sentence 1 DEBA).
See also
Web links
- Federal Act on Debt Collection and Bankruptcy of April 11, 1889 (SchKG; SR 281.1)
- Ordinance of the Federal Supreme Court on the Forced Realization of Land of April 23, 1920 (SR 281.42)
Individual evidence
- ↑ Hunziker / Pellascio, p. 245