Action provided for by law that allows the finance company to withdraw a good, in general, that is not being properly paid according to the financed amount. So, can I reverse the Search and Seize Action? Yes, it is possible to avoid and reverse the search and seizure of your vehicle, as long as you act with anticipation and caution, to guarantee your rights in these cases.
If there are bank debts, whether of a legal entity or individual, related to loans, working capital, bank credit note, rural credit note, overdraft, credit card, among others, it is possible to seek renegotiation with the bank, either administratively or through defense in court proceedings.
Once the abusive collection is proven or any other hypothesis that results in the search and seizure being unfounded, the creditor (bank or finance company) will pay a fine equivalent to 50% of the contract value, if the asset has already been sold. As provided for in Art. 3, § 6 of DECREE-LAW No. 911/1969.
A means by which a lawsuit is filed seeking to reduce its consideration in a contract. This reduction is based on the impossibility of fulfilling the obligation due to external factors (excessive burden).
If your income is compromised, chances are you have the law on your side and against debt. This is a way to guarantee your rights under the law, since there is the possibility of readjusting debts to creditors, giving consumers financial peace of mind. The over-indebtedness law aims to promote the composition and facilitate the conciliation between creditors and debtors, aiming at faster paths and with more assertive solutions, especially drawn together between the parties.
