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Search for debtors who moved to CIS countries to be intensified: what will change?

Search for debtors who moved to CIS countries to be intensified: what will change?

A new agreement between CIS countries providing for the search for debtors has been submitted to the Russian State Duma. The document was signed by Russia, Uzbekistan, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, and Tajikistan. This agreement is aimed at preventing cases where debtors evade their obligations by moving to other states.

Under the current procedure, when individuals who owe alimony or have outstanding fines leave Russia, bailiffs face difficulties in determining their whereabouts. As a result, information about the debtor's place of employment, income, and property remains hidden.

Once the agreement is ratified, bailiffs will have the authority to search for debtors within the CIS territory and determine their place of work and income levels. Additionally, it will become possible to identify assets such as bank accounts in foreign countries, real estate, and vehicles.

Collected data will be provided to creditors. This will create a legal basis for enforcing court decisions through the courts of the country where the debtor is located, for example, for individuals interested in collecting alimony.

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