exekucí

Exekuce is a legal term primarily used in Czech and Slovak legal systems, referring to the enforcement of judgments or court decisions. It is a process through which a creditor can compel a debtor to fulfill their legal obligations, typically financial ones, when the debtor has failed to do so voluntarily. This process is initiated by a creditor filing a petition for execution with a designated enforcement authority, usually an executor or a court.

The executor, acting as a state-appointed official, then takes action to satisfy the creditor's claim. This can involve a variety of measures, such as seizing and selling the debtor's movable or immovable property, garnishing wages or bank accounts, or other means prescribed by law. The aim is to collect the debt owed to the creditor.

There are specific legal frameworks governing exekuce, outlining the rights and obligations of both creditors and debtors, as well as the powers and responsibilities of the executor. The process is designed to be fair and to provide a legal mechanism for resolving debts when all other attempts at voluntary payment have failed. It is a crucial part of the judicial system, ensuring that court decisions have practical effect and that legal obligations are respected.