If your company has unpaid debts, the creditor can apply for an order of attachment and transfer of funds and a related attachment of an account by means of...
No. For an account seizure, very specific conditions must be met. The creditor or the authority must have obtained an enforcement order against you. If ...
To ensure that your account can be reactivated as quickly as possible after an attachment, it is best to order a manual transfer for the creditor(s) from us...
There are basically two ways in which someone can seize your account. Your company has an unpaid debt with one or more creditors A creditor whose cl...
Your bank must continue to transfer incoming payments and existing balances to the creditor until the debts are paid off. The amount depends on whether...
As soon as the bank has received an order of attachment and transfer, you have the possibility to take measures to protect yourself against the attachment w...
The P-account function protects account balances from creditors' access, so that you can continue to dispose of received funds in your account within th...
The basic garnishment-free amount of the seizure protection account protected from seizure as per 01.07.2022 will be 1,330.16 EUR per calendar month. If...
A P-account may only be opened by natural persons. The natural person must be the account holder. Corporations (for example UG, GmbH and AG and KGaA) may no...
Only one P-account per person may be held. Multiple P-accounts, even with different banks, are not allowed. A violation can be punishable by law and lea...