See now the consequences of having a debt protested at a notary's office

When a consumer has a debt that is protested at a notary's office, the citizen often does not understand what the consequences of this situation are, or whether there are real consequences.

However, you need to be very careful, because if the creditor assumes the debt and protests at the notary's office, the citizen may have some problems that could limit the debtor's life with the credit market.

Understand the concept of protested debt

A protested debt occurs when the creditor has not received the amount of his debt and he goes to a notary to represent and make this debt public.

The notary, in turn, stamps the person's debt with a protest ab not being paid after notification that the claim will go into protest.

It should be noted, however, that before protesting the claim, the registry office will contact the debtor to settle the claim and thus paying the protest can be avoided.

Although it is not a judicial process, protesting the debt at the notary's office serves as a formal summons to pay the debt.

What happens when the debt goes protest?

If the notary informs the debtor that the debt is protested and the debtor does not make payment within the deadline, the person will suffer the following consequences:

Negative credit, loan, financing, leasing or other credit business;
Bank restrictions on collecting checkbooks;
The creditor may seek recovery in court if the protest is proven;
Lower solvency