By Raphaël MORENON
19 March 2025
Recovering an unpaid debt can quickly become a headache. When reminders go unheeded, it's time to take enforcement action. One of these is the seizure of intangible rights, a little-known but valuable option. What is the seizure of intangible rights? This procedure enables a creditor with a writ of execution to have the debtor's intangible rights placed under legal control and then sold. It applies to all intangible assets that are not money claims. The Code of Civil Enforcement Procedures defines it in article L. 231-1. It applies to rights that have economic value but no material existence. How is it different from other seizures? Unlike seizure for sale, which targets tangible assets, seizure of intangible rights targets intangible assets. It differs from seizure-attribution, which applies to money claims and results in immediate allocation to the creditor. To make the distinction between seizure...
EN 
FR