Redacción

KEY DEADLINES IN THE PAYMENT ORDER PROCEDURE: WHAT EVERY DEBTOR NEEDS TO KNOW

Por Redacción MCHM Abogados / 21 de marzo de 2025

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📎 Key Deadlines in the Payment Order Procedure: What Every Debtor Needs to Know
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📜 Opposition to the Payment Order Procedure: Debtor`s Options and Deadlines
1️⃣ Debtor`s Options: The debtor can choose to pay the debt, file an opposition letter within 20 days from the notification of the payment order, or do nothing, which will result in the forced execution of the debt.
2️⃣ Deadline for Opposition: The debtor has 20 days to file their opposition to the payment order. This deadline is crucial, as failure to act within this period allows the creditor to request the execution of the debt.
3️⃣ Correction of Defects: If the court finds defects in the creditor`s initial application, the creditor has 10 days to correct them. This ensures that the payment order procedure is efficient and fair for both parties.
4️⃣ Debt Execution: If the debtor does not pay or oppose within the 20-day period, the creditor can request the execution of the debt. The court will issue an execution order, allowing the creditor to initiate actions such as asset seizures to recover the owed amount.

🔗📚 Link to the full article: https://www.mchmabogados.es/blog-mchmabogados/articulo/second-chance-law/1744/options-of-the-debtor-in-the-payment-order-procedure-how-to-defend-yourself-effectively?

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⚓️ Debt payment, opposition, legal deadlines, forced execution, debtor defense, payment order, payment order procedure, legal advice, debt prescription, document review.

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