How do you strike off paid debt proceedings and are the costs justified?

In order to be able to strike off paid debt proceedings, the first condition is that the amount due must be paid in full.

Once the debt is settled, it is not automatically stricken off and many discover that they are still registered with the Debt enforcement office at the wrong time, when they need a certificate to buy / rent an apartment, for a particular job, or for a private loan. In order to strike off these entries, only the creditor can to apply to the debt enforcement office for cancellation. Sometimes they do it automatically, the best is to make a written request to the creditor. However, the latter has the right to refuse, so the debtor will have to wait 5 years for it to be automatically struck off.

Agreement with the creditor before full repayment of the debt

An effective way for the creditor to strike off the proceedings is to enter into a written agreement with the creditor formally committing to take this step with the Debt enforcement office immediately after you have settled your debt.

Creditors’ claims for costs

Some creditors claim costs per debt proceedings to be struck off. This is not ethically correct, but the law does not prohibit it. Try to negotiate, but we advise you to pay these costs, 5 years of registration is a long time and it can be a barrier to important projects.

What about wrongful proceedings?

Read our article on the new laws that came into effect on January 1, 2019, which aim to protect people who are the victims of wrongful proceedings.