FROM MAY 02, PERSON BUYING AUCTIONED PROPERTY MUST MAKE A PAYMENT WITHIN 30 DAYS
This new provision is stipulated by the Government in the Decree No. 33/2020/ND-CP dated March 17, 2020 on amending and supplementing a number of Articles of the Decree No. 62/2015/ND-CP on detailing and guiding the implementation of a number of Articles of the Law on Enforcement of Civil Judgments.
Specifically, the successful bidder shall transfer money to the account of the civil judgment enforcement authority within 30 days from the wining date and must not extend it. This new provision has doubled the time for buyers of auctioned property to be able to prepare money, because the Decree No. 62/2015/ND-CP only allows buyers to pay within 15 days from the wining date.
Besides, the Government also supplements provisions on the exit of the judgment debtor. Accordingly, the head of a civil judgment enforcement authority shall make a decision on the temporary suspension of exit and send to the immigration management agency in one of the following cases:
Firstly, having request of the judgment creditor.
Secondly, there are grounds to show that the exit affects the lawful rights and interests of the State, organizations and individuals or to ensure the judgment enforcement.
This Decree takes effect on May 01, 2020.
