It must become impossible for creditors to seize the entire credit in a bank account.
The measure is in line with the Dutch government’s efforts to reduce the number of problematic debts and to help debtors more effectively.

With wages and benefits, it is already the case that creditors cannot seize the full amount (see box).
That should therefore also apply to bank accounts. The Dutch government believes that people should have enough money to live on.

The limit for a single person is just under 1,500 euros. A creditor cannot seize assets below that amount. The threshold is higher for married couples and parents, to just under 2,100 euros for married couples with one or more children. The limits apply to all the money that someone has with a bank, even if this is spread over several accounts.

Nor can movable property be seized, such as a car or household effects, if it is foreseeable that the costs will exceed the benefits. That only leads to a higher debt, because the costs are often for the account of the debtor.

In addition, the outdated list of things that remain outside of a seizure is adjusted to this time. This also applies to auction rules for movable property. That will soon also be possible via the internet. The seizure of a car or trailer will also change. Now a bailiff must actually see the vehicle in order to be able to attach it, while the vehicle registration register makes it easy to determine whether someone has a car. That is why it will soon be possible to seize it after inspecting the vehicle registration number and it will no longer be possible to quickly transfer the car to another name after a seizure. In this way, a buyer is protected against a seller who wants to sell his car with a seizure on it.

Source: en
Photo: Shutterstock