If your debtor refuses to pay, a distraint order or freezing order to seize his property is a way to enforce or secure payment.
Definition: Distraint order / freezing order
A distraint order is used to secure assets of a debtor and render them for liquidation in order to satisfy a creditor.
This page contains information on the subject of freezing orders / distraint orders in Switzerland:
» Terminology: enforcement proceedings, seizure of assets, distraint order, etc.
» Differentiation: distraint orders – debt enforcement
» Prerequisites: due claim, grounds, object of distraint order
» Procedures: motion for distraint, content of distraint order, execution, etc.
Legal foundation:
The Swiss federal code of Debt enforcement and recovery (SchKG) contains rules governing distraint orders / freezing orders.
