Regulatory part

The specific provisions relating to other movable property enforcement procedures are set out : 1° By the Transport Code; 2° By the Civil Aviation Code for the seizure of aircraft; 3° By the Intellectual Property Code for the seizure of literary, artistic and industrial property rights; 4° By the French Rural and Maritime Fishing Code for third-party seizures by mutualités sociales agricoles ; 5° By the Social Security Code for…

If there is only one creditor, the proceeds of the sale are remitted to that creditor up to the amount of his claim, in principal, interest and costs, within a period of one month at the latest from the date of the forced sale or, in the case of an amicable sale, from the date on which the price was paid. Within the same period, the balance is remitted to…

In the event that several creditors have come forward within the time limit, the agent responsible for the sale shall draw up a proposal for the distribution of the price between the creditors. The plan is drawn up on the basis of the information contained in the summons to pay, in the objection documents and, where applicable, the information required by articles R. 522-13 and R. 522-14. The costs incurred…

The draft allocation shall be drawn up within one month of the date of the compulsory sale. In the event of an amicable sale, this period shall run from the date of [payment] of the price.

Within the period provided for in Article R. 251-3, the draft distribution is notified by registered letter with acknowledgement of receipt to the debtor and to each of the creditors, including those who would not be included in the distribution if they did not come forward within the prescribed time limits. The addressee is informed, under penalty of nullity: 1° That he/she has a period of fifteen days, from receipt…

If no objection is lodged within the allotted time, the proposed distribution becomes final. The agent in charge of the sale makes payment to creditors who have implemented a compulsory execution measure, to creditors who hold a pledge constituted as a guarantee for a professional debt, and to creditors who hold another published security provided that they have a writ of execution. He shall deposit with the Caisse des Dépôts…