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Tag: enforceable title in Romania

enforcement in Romania

Conditions required for enforcement proceedings in Romania

What conditions need to be met in order to start enforcement proceedings in Romania? The enforcement procedures in Romania is regulated by the Romanian civil procedure code, being a complex process through which a creditor in Romania can pursue a debtor in Romania to recover a certain, liquid, and due claim in Romania. The legislator […]

What is the procedure of cancelling a promissory note and appealing against enforcement in Romania?

Being a common financial payment instrument in the relations between professionals, promissory notes in Romania play an important role in discharging from the contractual obligation arising from the contract concluded between the two parties, with the purpose of guaranteeing the payment obligations in Romania. The biggest advantage of the promissory note in Romania is the […]