How are the stages of an eviction

The economic problems of many families are causing the number of evictions to skyrocket. Not being able to deal with the mortgage occupies daily the pages of the press information, but many are unaware of the procedure to be able to remove a family from their home and, most importantly, if it can be avoided. From .com we want to explain how are the stages of an eviction .

Steps to follow:

one

The procedure starts with the claim . The financial institution takes the initiative to claim the collection judicially. The claim is notified to the debtor at the indicated address and has two possibilities: that he pays with a term foreseen in the lawsuit or that he opposes it. If you do neither of these two; The next stage of the eviction process is given and the actual execution phase is passed.

two

The second stage of the process focuses on the auction of housing. The bank asks the Land Registry for a certificate of charges and the property is auctioned. The value of the same is derived from the appraisal made to grant the loan. This auction can be public or private. The debtor can pay the fees before it is auctioned. On the day of the auction, the best bid remains the property. If there is no bid, the bank can keep it for 50 or 60% of the value of the appraisal (depending on whether it is a normal residence or not).

3

The final stage of an eviction process is the judicial release. Once the name change has been made, the debtor ceases to be the owner and is given a period to leave the home. If it does not, the judicial officials can ask the police for help to carry out the eviction.

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