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Serbia's new enforcement law: creditor must choose between court enforcement or private enforcement

In Serbia, the new Law on Enforcement and Security has introduced some changes.

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A new Enforcement Law has been introduced in Serbia, a significant portion of which
will enter into force on 1 July 2016. One important novelty can be found in its
Article 547, which, inter alia, introduces an obligation for certain enforcement creditors
to deliver a specific statement to the court within a prescribed window of time, i.e. by
1 July 2016.

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