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Legal & insolvency

Which one starts earlier?
Claims
Collections
Indemnificaiton period
Claims and collections starts at the same time
What is the main point of collections?
Additional service
Loss mitigation
Information source
What is NPN?
Information to RISK by the client
Information from C&C to Risk
Order for collection activity
Does not exist such word in EH
When can you start an injunction of payment in Hungary?
Never
Only when the debt is disputed
Only when the debt is not disputed
When you have a due debt
Who issues the injunction of payment in Hungary?
The court
The bailiff
The notary public
The lawyer
How many days does the debtor have to raise an objection against the IOP?
8
15
20
30
What happens if the debtor raises an objection?
Procedure is terminated
Turns into a lawsuit
Which is the situation when you cannot start enforcement procedure?
Valid IOP
Agreement approved by the court
Written agreement by the parties
Notarial agreement
Which of these is not a key event?
Insolvency
Payment received
IOP is valid
Promise of payment by the debtor
Which of these is not an insured event?
Debtor disappeared
Bankruptcy
Liquidation
Protracted default
What does "csődeljárás alatt" means?
Under liquidation
Under bankruptcy
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