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uitwinning van faillisementen

English translation: levy of execution on insolvency {inc. enforcement of judgment debts}

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

Dutch term or phrase:	uitwinning van faillisementen
English translation:	levy of execution on insolvency {inc. enforcement of judgment debts}
Entered by:	Tom Thumb

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17:32 Jan 21, 2009

Dutch to English translations [PRO]
Bus/Financial - Insurance / collection practices

Dutch term or phrase: uitwinning van faillisementen

This term appears in a list without any running text, but a variant is found in another sentence in the same breath as commission costs and other costs that have been incurred by the insurer vis-a-vis its client. Am I to understand this as 'execution of assets in the event of insolvency'? RSVP. Cheers, R.

Robert Kleemaier KudoZ activity Questions: 657 (none open) (41 closed without grading) Answers: 168
Local time: 22:34

levy of execution on insolvency {inc. enforcement of judgment debts}

Explanation:
Roughly in line with the asker's suggested answer.

Quaere: if the uitwinning can extend to the bankruptcy dividend(s) received.

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Note added at 5 hrs (2009-01-21 22:48:50 GMT)
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Assets are not executed, but execution 'issues' or is levied against such and (judgment) debts are enforced.

Selected response from:

Tom Thumb
Local time: 07:34

Grading comment

I have opted for this solution and provided my own as optional. Thanks to all for your input
3 KudoZ points were awarded for this answer

Summary of answers provided

3 +2

see explanation below

Dave Calderhead

levy of execution on insolvency {inc. enforcement of judgment debts}

Tom Thumb

attachment/sequestration

Textpertise

Summary of reference entries provided

uitwinning

Kitty Brussaard

Answers

1 hr confidence:

peer agreement (net): +2

see explanation below

Explanation:
as 'uitwinning van' = seizure and execution against
I would tend to agree with your translation

Dave Calderhead
Netherlands
Local time: 07:34
Works in field
Native speaker of:

English
PRO pts in category: 77

2 hrs confidence:

attachment/sequestration

Explanation:
Seizure and execution are fine. Alternatives would be: Sequestration, which is the confiscation of goods once bankruptcy has been declared and is often used interchangeably with bankruptcy; attachment, which is the confiscation of land or of one's earnings also once bankruptcy has been declared and is also often used interchangeably with bankruptcy. Distraint used to be the seizure of property in order to obtain payment of a debt with or without a court order. I believe it has become illegal in the UK without a Court order since 2007 but would need to check that.

Reference: http://www.imso.org/pdfs/Public/Basic%20Documents/.../P%20-%...

Textpertise
United Kingdom
Local time: 06:34
Works in field
Native speaker of:

English
PRO pts in category: 15

5 hrs confidence:

levy of execution on insolvency {inc. enforcement of judgment debts}

Uitwinning bij faillissement, schuldsanering, executoriaal en conservatoir derdenbeslag en vereffening nalatenschap, JBN 2006, 1 (Kalkman), 3 ...
www.recht.nl/vakliteratuur/aflevering.html?aflevering=4532

Tom Thumb
Local time: 07:34
Specializes in field
Native speaker of:

English
PRO pts in category: 3

Grading comment

I have opted for this solution and provided my own as optional. Thanks to all for your input

Reference comments

3 hrs

Reference: uitwinning

Reference information:
Van Dale gives the following definition:

uit·win·ning
de (v.)
(juridisch) rechtsvordering om aan iem. de eigendom, het bezit van een zaak of goed te ontnemen; het verhalen van een schuldvordering op de goederen van de schuldenaar
synoniem: evictie

Kitty Brussaard
Netherlands
Native speaker of:

Dutch
PRO pts in category: 12

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Changes made by editors

Jan 27, 2009 - Changes made by Tom Thumb:
Created KOG entry	KudoZ term => KOG term

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uitwinning van faillisementen

English translation: levy of execution on insolvency {inc. enforcement of judgment debts}

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uitwinning van faillisementen

English translation: levy of execution on insolvency {inc. enforcement of judgment debts}

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KudoZ™ translation helpThe KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

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