If you do not pay your debts, the creditor may apply for a bailiff to seize goods in your house and/or to make a financial status enquiry (previously affirmation in lieu of oath). Prerequisite Your payment obligation must have been officially established, e.g. in judgement or writ of execution or […]
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(Virtually) all „regular“ (i.e. recurring) income can in principle be attached. This means that wages and unemployment benefit as well as pensions can be attached! However, social benefits/ basic income, parental benefit up to 300 euros, maternity benefit or nursing benefit for nursing care by self-supplied carers cannot be attached. […]
You have a statutory entitlement to a current account. This account is called a „basic payment account” (Basiskonto). What is a basic account? This is a current account that usually cannot be overdrawn (credit account). You will receive an EC card but generally not a credit card. Standing orders and direct debit […]
Fuel and rent are two of the most important items in any household budget! Even if debt collection agencies are pressurising you: Paying for your electricity and gas is more important than paying off debts. Fuel debts are a danger to your existence because your supply could be cut off and […]
Rent and fuel bills should have top priority! Paying rent is more important that paying off debts (however much pressure the collection agency may be putting on you … )! Rent arrears threaten your existence because in the final event you face compulsory eviction and homelessness! It is in your own interests to […]
What should you do if your account is attached? Are you in debt? And you don’t have enough money to pay off these debts!? Then your account may be attached! Warning! Your account could also be attached even if only citizen’s income, social security benefits, housing benefit or child benefits […]