Course programme
Foreclosure Practice
Learning Objectives
Upon completion of this course, participants will be able to:
- Identify the conditions for initiating foreclosure proceedings and verify the validity of the enforcement title (titre exécutoire)
- Draft and serve the payment order constituting seizure (commandement de payer valant saisie) in compliance with prescribed formalities
- Conduct the proceedings through to the orientation hearing and anticipate procedural incidents
- Prepare the conditions of sale specification and manage the adjudication process
- Handle post-sale matters: proceeds distribution, discharge of registered charges, and eviction
Module 1 – Preparing Foreclosure Proceedings
- Applicable legislation and jurisdictional rules
- Land registry searches: mortgage statement, property register
- The pursuing creditor: standing, capacity, authority
- The debtor: identification, formal notice
- The enforcement title: verification, prior service
- The property: nature, identification, seisability
- Choice of proceedings: accumulation, concurrence, joinder
Module 2 – Procedure Through to the Orientation Hearing
- The payment order constituting seizure: mandatory content (Art. R. 321-1 CPCE), service, publication at the land registry
- Effects of the payment order: unavailability of the property, immobilisation of income
- The descriptive report of the property
- The summons to appear: time limits, formalities, notification to registered creditors
- The conditions of sale specification: drafting, filing, inspection
- Declarations of claims and notifications
Module 3 – The Orientation Hearing and Procedural Incidents
- Common procedural rules before the enforcement judge (juge de l’exécution – JEX)
- The orientation hearing: role of the judge, referral to forced sale or consensual sale
- Debtor’s defences: challenges, applications for time to pay, conversion
- Procedural incidents: subrogation, removal from the register, lapse, limitation
- Nullities: formal defects, substantive defects
- Appeal of the orientation judgment
Module 4 – Adjudication and Its Consequences
- Advertising the sale and property viewings
- Notification to third parties, costs order
- Conduct of the adjudication hearing: bidding, reserve price
- Overbid (surenchere) and failed bid
- Pre-emption and substitution (tenant, agricultural lessee, SAFER, local authorities)
- Effects of adjudication: transfer of ownership, payment of price
- Adjudication judgment and title of sale
- Sanctions against a defaulting successful bidder, rebidding
- Distribution of proceeds and discharge of registered charges
- Eviction of the occupant