compulsory execution

February 24, 2016

Is there a way to force a debtor to pay back a debt by selling his or her property?

Compulsory execution to forcibly collect a debt in Japan can be used either directly against the debtor and his or her assets, or in certain circumstances, against the debtor’s successor in interest or someone who has taken on the responsibilities of the debtor such as a guarantor.
February 24, 2016

Is there any way to prevent a debtor from using up all of his or her assets before he or she pays back the debt?

Seizing a debtor’s property through compulsory execution can be one of the most efficient ways to collect on a debt that the debtor otherwise does not have the cash assets or willingness to pay.