Is there bureaucracy in the extrajudicial mechanism? Do we have to provide documents? Which documents are drawn automatically?

The out-of-court mechanism basically contains electronic procedures that do not require the submission of documents, since the platform automatically draws all the data that are already available in electronic form, such as:

  • documents and information kept by the Tax Administration (AADE - TAXIS)
  • documents and information kept by the Social Security Institutions (EFKA - KEAO)  documents and information kept by private creditors (banks - loan managers). Page 9 of 9.

In the next phase and as soon as they become available online, the following data will be obtained from the platform:

  • a copy of the criminal record of the debtor or the chairman of the board of directors and the managing director for public limited companies, the manager for limited liability companies and private capital companies, the general partners and the managers for private companies and the natural persons debtor by law for non-payment of debts
  • Certificate of non-bankruptcy and certificate of non-filing of bankruptcy
  • any other information concerning the debtor and registered in the electronic Solvency Register
  • certificate of non-dissolution of the company from the General Commercial Register (G.E.M.I.), if the debtor is a legal entity.