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LAW OFFICE OF ROSITSA HRISTOVA HAS MOVED INTO RESIDETNIAL AREA SLAVEIKOV

   advokat-burgas       For its clients` convenience, LAW OFFICE HRISTOVA opened a new office in the residential area Slaveikov, block 107, ground floor. The law office has working hours every weekday from 9.30 a.m until 5.30 p.m., without interruption, and with preliminary arranged appointment beyond overtime and at the weekends.

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IS A LAWYER NEEDED IN SELLING AND PURCHASING A REAL ESTATE PROPERTY?

advokat-imotiThe changes in the new Family code concerning property relations between spouses are a prerequisite for a new type of a real estate fraud for a property which was acquired during the marriage, now it will be necessary to be examined if the property that is going to be sold is in the FCP regime (Family Community Property), in a regime of division or a subject of a marriage contract.

Except this “new” fraud, the practice has proven that there are dozens of ways to be deceived when purchasing a real estate property. I am amazed about the situation when a person had been saving money all his life and had taken a decision to invest it once in a real estate property, how is it possible that he does not necessarily advice with a lawyer, who will make in person all the necessary checks, will prepare all the documents, will present at performing the formalities related to the Notary Act and etc.

It is true that this is some additional cost, but is it worth to risk 100 000 leva just to save a lawyer` s fee? Absolutely not! The "underwater stones" in one deal are so many and can lead t so much trouble in the future, that it is not worth to take even the lowest risk giving all your savings to someone or even worse, giving the credit withdrawn from a bank, which you and your family are going to pay off during the next 20 or 30 years.

The other thing that I do not understand is how is it possible when someone buys a property weather it is by a construction company or an individual, to agree like a lamb that the seller` s lawyer will prepare the documents concerning the deal. The buyer and the seller are two controversial sides and each one protects its own interests. When the buyer trusts to the seller` s lawyer, this is equal to a lawsuit when the suitor trusts to the lawyer of the defendant. This sounds ridiculous, doesn’t it? Moreover, as a rule, the buyer pays the costs for the notary transfer of the property, including the lawyer` s fee, so hiring his own lawyer, the buyer will not pay anything additional, just instead of paying to the seller` s lawyer who will normally protect the seller` s interests, he will pay to HIS OWN LAWYER WHO WILL DEFEND HIS INTERESTS.

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DEADLINE FOR RE-REGISTRATION OF THE TRADERS IS APPROACHING!

targovski-registarOn 01.01.2008 the Law for the Trade Register entered in force. It removed the requirement for registration of the traders (sole traders, commercial companies and cooperatives) in the District Courts. A new National Trade Register at the Register Agency was created, which replaced the existing until the present moment Trade Registers at each District Court in the Republic of Bulgaria, where all newly established companies are going to be registered. Read more...
 

IMPERATIVE PRODUCTION

zapovedno-proizvodstvo2One prolonged lawsuit can be avoided now just by requiring issuing a writ of execution. This mechanism makes sense when it is expected that the prospective respondent will not deny his obligation. With such a production the court directly invites the debtor to pay or to return the property. In this way both sides save costs, time and nerves, and the state` s fee is halved. It is possible to be issued for claims or transfer of movable property with value up to 25 000 leva.


This limitation does not apply when a document listed in the CPC (Civil Procedure Code) is being enclosed, as for example a contract with notarization or promissory note. In the latter case, the private or the public enforcement agent can immediately proceed to action and then the debtor will not have the chance to hide his assets. With the so called imperative production, the new CPC replaced the extrajudicial execution grounds, when it was assumed that the lack of direct opportunity of the debtor to object contrary to his right of getting judicial protection. Such production had already existed even before the year of 1944. Such constructions are being used by a number of countries in the Western Europe in the so called uncontested small claims. The European Union which generally does not interfere into the traditionally central for the for the civil law and litigation matters, has allowed itself to introduce such a construction, applicable across the different countries.

http://advokat-online-bg.com/pravni-uslugi.html

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