The procedure by which the collection of a judicial credit is allowed to be pursued. It requires the existence of a valid title from which, directly or indirectly, the duty to deliver a liquid amount of money arises, such as court judgments, awards or arbitral resolutions, mediation agreements, public deeds, policies of commercial contracts, etc. It usually begins with the seizure of the debtor’s assets, which will later be converted into money to make the debts effective.
« Back to Glossary IndexExecutive procedure
« Back to Glossary Index