The liquidator shall distribute the proceeds of the assets and pay the creditors according to the ranking of the security interests attaching to their claims.
Home | French Legislation Articles | French Consumer Code | New legislative part | Book VII: TREATMENT OF OVER-INDebtedness | Title IV: PERSONAL RETABLISHMENT | Chapter II: Personal recovery procedure with compulsory liquidation | Section 3: Liquidation of the debtor's assets | Article L742-18 of the French Consumer Code
The liquidator shall distribute the proceeds of the assets and pay the creditors according to the ranking of the security interests attaching to their claims.
Le liquidateur procède à la répartition du produit des actifs et désintéresse les créanciers suivant le rang des sûretés assortissant leurs créances.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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