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Federal Act
on Debt Enforcement and Bankruptcy
(DEBA)1

1 Inserted by No I of the FA of 16 Dec. 1994, in force since 1 Jan. 1997 (AS 1995 1227; BBl 1991 III 1).

Art. 115

4. Deed of dis­traint as an un­paid debt cer­ti­fic­ate

 

1 If no dis­train­able as­sets were avail­able, the deed of dis­traint serves as the un­paid debt cer­ti­fic­ate in terms of Art­icle 149.

2 If in­suf­fi­cient as­sets were avail­able in the es­tim­a­tion of the of­ficer, the deed of dis­traint shall serve the cred­it­or as a pro­vi­sion­al un­paid debt cer­ti­fic­ate and as such has the leg­al ef­fects men­tioned in Art­icles 271 num­ber 5 and 285.

3 The pro­vi­sion­al un­paid debt cer­ti­fic­ate also con­fers on the cred­it­or the right to re­quest the dis­traint of as­sets newly dis­covered with­in the one-year dead­line un­der Art­icle 88 para­graph 2. The pro­vi­sions on par­ti­cip­a­tion in dis­traint pro­ceed­ings (Arts 110 and 111) ap­ply.245

245In­ser­ted by No I of the FA of 16 Dec. 1994, in force since 1 Jan. 1997 (AS 1995 1227; BBl 1991 III 1).