Section 3: Multiple seizures

A bailiff who carries out a precautionary seizure on assets made unavailable by one or more previous precautionary seizures shall serve a copy of the seizure report on each of the creditors whose actions preceded his own.

If the assets seized as a precautionary measure are subsequently sold, the bailiff serves the seizure report on the creditors who previously carried out the precautionary seizures. Similarly, the document converting a precautionary seizure into an attachment for sale is served on the creditors who, prior to this conversion, seized the same assets on a precautionary basis.

If the debtor presents proposals for amicable sale, the distraining creditor who accepts them shall communicate the content thereof, by registered letter with acknowledgement of receipt, to the creditors who have seized the same property as a protective measure, either before the act of seizure or before the act of conversion, as the case may be. Under penalty of nullity, the letter shall reproduce, in very clear characters, the three…

The distraining creditor who arranges for the removal of the assets with a view to their forced sale shall inform, by registered letter with acknowledgement of receipt, the creditors who have made a protective attachment on the same assets prior to the act of attachment or the act of conversion, as the case may be. Under penalty of nullity, this letter shall indicate the name and address of the ministerial…