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Tag: foreclosure in Romania

movable mortgage in Romania

Mortgage lawyer in Romania. The movable mortgage agreement

Establishing a movable mortgage right to secure the fulfillment of contractual obligations A movable mortgage in Romania is established through the conclusion of a mortgage agreement in Romania and takes effect from the date the secured obligation arises, at which point the mortgagor acquires rights over the mortgaged movable assets in Romania. A movable mortgage […]

How to proceed when you are facing a foreclosure in Romania for a prescribed debt?

Foreclosure in Romania represents a legal remedy for the situation in which a debtor does not fully and timely fulfill their payment obligation established by a court decision or another writ of execution in Romania. One very important aspect to note is that the right to obtain a foreclosure in Romania is subject to a […]