חוק ההוצאה לפועל (נגיף הקורונה החדש – תיקון מס' 68 והוראת שעה), התשפ"א-2020Law on Execution (New Coronavirus – Amendment No. 68 and temporary provision), 2020 · automatic translation · suggest a correction

Official summary of the law (Knesset)

Due to the economic crisis caused by the coronavirus pandemic, many people fell into debt and had greater difficulty repaying it than in ordinary times. The Law establishes special arrangements in enforcement proceedings intended to ease the burden on debtors. These include: extending deadlines to give debtors additional time to settle their debt; establishing a special payment arrangement intended to bring about repayment of the debt within a short period and reduce costs in the case; freezing the execution of arrest warrants and the seizure of vehicles and property; and granting the Execution Office Registrar authority to consolidate a debtor's cases on their own initiative. In addition, it is proposed to establish as permanent provisions various amendments to the Law, for example, granting the Registrar discretion to spread out debt repayment over periods longer than those set by the Law, as well as establishing additional conditions for the attachment of movable property, and it is also proposed to make amendments required due to the enactment of the Insolvency Law.

automatic translation · suggest a correction