Debtors can sell properties seized by state

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A caller regularisation went into effect Thursday, giving some breathing space to state debtors, arsenic it allows them to person their spot seizure lifted under specific conditions.

The basal information is that upon selling their property, portion of the terms will beryllium paid straight to the tax office, done the notary, for the repayment of debts, with the percent not being little than 25%.

According to the law, the tax authorization approves the lifting of the seizure of existent property that the debtor wishes to sell.

Already for the 46 properties successful the tax office’s auction, the owners tin then petition the issuance of a determination to extremity the seizure.

Sales cannot beryllium carried retired beneath the nonsubjective value.