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Part 5 · Satisfaction of insolvency creditors. Discontinuation of proceedings  ›  Division 2 · Distribution › Section 201

Rights of insolvency creditors subsequent to termination

(1) Subsequent to termination of the insolvency proceedings, the creditors of the proceedings may enforce the remainder of their claims against the debtor without limitation.

(2) Insolvency creditors who have determined claims which have not been contested by the debtor during the verification meeting may enforce such claims against the debtor by way of execution on the legal basis of their entry in the schedule as under an executable judgment. A claim with an overruled objection is equivalent to a claim not contested. The request for the issuance of an executable copy of the schedule may not be filed until the insolvency proceedings have been terminated.

(3) Provisions on the discharge of residual debt remain unaffected.

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