Will of a testator

The inheritance check is a process through which heirs can determine what assets and liabilities (property and debts) the deceased left behind. This information is necessary to decide whether to accept or reject the inheritance and to carry out the division of the inheritance. In Bulgaria, the procedure is relatively clearly regulated and can be carried out with the help of various state institutions and registers. The inheritance check procedure includes several key stages: ...

In recent years, is an established practice whereby companies collecting overdue receivables to credit institutions and other corporations use civil proceedings to collect debts from the payers, but deviate claims brought against them, citing the arbitration clauses supposedly signed a contract between the debtor and the original creditor. Judges require the use of arbitration, even debt collectors can not provide copies of arbitration agreements. ...

In the course of inheritance processes, which [...] transfer of financial resources, the obligations and debts of the testator are often the focus of attention. The death of a [...] This gives the heirs some relief from some of the testator [...] aware of possible obligations that continue to exist after the testator [...] the heirs avoid the financial and legal responsibilities that the testator bore. At the same ...

Child support is an obligation that does not disappear when you are unemployed. In fact, it can become even more challenging to meet when your income is unstable or completely absent. However, the law provides various options to address this issue and may offer solutions that allow even unemployed individuals to fulfill their child support obligations. Despite financial difficulties, it is important to remember that the obligation to provide support remains in force. ...

An explicit refusal is salvation from inheritance debts Increasingly, there are cases where problems of heirs with debts of their successors arise. Very often people do not know how to react when it turns out that they will not only get nothing, but they may actually have to pay foreign loans, loans, any other obligations. Recently, several cases have emerged, in which even children find themselves in this role. It is therefore not ...

Limitation period of state receivables. Every year, almost everyone receives a kind letter, reminding him that it is time to pay a certain amount in favor of the state or municipal budget. These statements are most diverse: from local taxes and fees (property tax, motor vehicle tax, patent tax, garbage fee, etc.), income tax of individuals, corporate tax, etc. The accrued taxes are not always paid, and the ...

Relationships between co-owners and third parties. Responsibility for duties and covenants. Rights of heirs: In hereditary succession the heirs acquire the rights that the heir had (except his personal). These are the rights that are passed on by inheritance. For the exercise of these rights heirs may claim: - an action for the return of a hereditary property held by third parties; - an action against the heirs of the deceased to ...

Divorce and Division of Property in Family Disputes Divorce and division of property in family disputes is a complex legal process that involves legal, financial and emotional challenges. This article will explore the key aspects of divorce proceedings and the division of property between spouses, focusing on the legal and practical issues that arise during this process. 1. Divorce Procedures ...

BFIs (Private Bailiffs) can take various types of property or funds to enforce judgments, but there are certain types of property and funds that are generally protected from enforcement actions. Non-sequestrability refers to the legal condition in which an asset or income cannot be seized or withheld to satisfy debts or other obligations. This means that such property or income is protected from legal action by creditors or other interested parties. ...

Insolvent debtor can repay the debt by giving instead of execution Repayment of public debt of the insolvent debtor by transferring assets instead of payment or under enforcement is permissible way to play. This takes stock of SCC in mind that art. 646, para. 1 pt. 3 CA it is a voluntary action taken by the debtor in repayment of the required cash obligations. Therefore it is allowed as a means of repayment and giving instead of performance ...