Bankruptcy
Debt Repayment plans in Israel – bankruptcy attorney
How do debt repayment plans in Israel work? If you have entered an insolvency proceeding or are considering starting one, you will certainly hear – and may have already heard – the term “repayment plan”. Our offices specialize in issues of debt and bankruptcy. Attorney Nechama Ovadia will explain the debt repayment plan that is…
Read MoreSequestered bank account during bankruptcy proceedings
Bank account attachment is one possible restriction during an insolvency procedure. A debtor who files for bankruptcy is subject to various restrictions and obligations. In fact, the moment the debtor is ordered into receivership, all collection of the debts are frozen until the bankruptcy process is investigated and completed. One of the main restrictions imposed…
Read MoreFinancial Investigations to Locate the Assets and Value of Potential Defendants
Financial investigations constitute a preliminary action for filing a lawsuit against potential defendants. Such investigations may be very important for obtaining information about assets owned by defendants and the value of those assets, given the tendency of potential defendants to conceal their assets, so as to evade lawsuits against them. However, these investigations are very…
Read MoreAuthenticating a Judgment That Was Ruled Abroad
Authenticating a judgment that was ruled abroad, as well as obtaining a certified translation of the judgment, is required when the need arises to enforce foreign judgments in Israel. Failure to comply with the strict rules on the matter may lead to the denial of a request for the enforcement of a foreign judgment in…
Read MoreVehicle Repossession in Writ of Execution Proceedings
In writ of execution proceedings, a creditor may file a request for the debtor to receive various foreclosures, including car repossession. The current article briefly explains about the option of repossessing a debtor’s vehicle and under what circumstances this is possible. There are cases where debtors do not act in accordance with the instructions of…
Read MoreCanceling the Foreclosure of an Apartment – How Is It Done? (Legal Information)
What do you do if you find out that foreclosure was imposed on your most valuable property – an apartment or house that you own? This is a very legally complex situation and, to properly deal with real estate foreclosure, it is very important to understand what legal solutions are available to you by law.…
Read MoreHow Do You Cancel the Repossession of your Car? (Legal Information)
In Israel, thousands of vehicles are repossessed every year, for various reasons. The question arises as to how to file a request that will start the process of cancelling car repossession. The answer to this question depends on several authorities, and mainly the authority responsible for the repossession order. The current article explains the complexity…
Read MoreCollecting International Debts
If a verdict is given in your favor on the issue of money that is owed to you, you will surely want to collect on said judgement. But what can you do if the debtor is not in the country? What if the debtor flees abroad, and you do not know where and how to…
Read MoreCanceling the Foreclosure of a Bank Account or Salary – How Do You Do It? (Legal Information)
Foreclosure of a bank account or salary has become a very common way to collect debts among individual creditors, companies, and state authorities. Naturally, this is a step that makes everyday life very difficult for debtors, and may have serious consequences. Our firm receives many inquiries from clients concerning the question of how to cancel…
Read MoreEnforcing Israeli Judgments in the United States
If a judgment is given in your favor but the debtor is in the United States and you cannot collect the debt from them, don’t worry – you don’t have to give up and forget about the debt. It is possible to enforce Israeli judgments in the United States. Consult a lawyer from our firm…
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