Distribution of proceeds
The proceeds from the sale of your movable and immovable property after seizure are distributed in a fixed order. The proceeds are used to pay:
- execution costs (indluding, in particular, the bailiff’s costs, the cost of the sale and the legal costs of the seizing creditor);
- prior claims;
- hypothecary claims;
- unsecured claims (debts for which no security or guarantee was provided).
For more information, contact a bailiff or legal advisor.