How do I conduct a debtor property inquiry?

Debtor property inquiry is a system in which a creditor who has gone through the property disclosure procedure under the "Civil Execution Act" can apply to the court to verify the debtor's property status.

After the creditor applies for property disclosure to the court, if the debtor does not submit a property list or the submitted contents alone make it difficult to satisfy the execution claim, or if there are reasons such as detention of the debtor, a property inquiry can be applied for through the court's decision.

Debtor property inquiry is limited to public institutions, financial institutions, and organizations stipulated in Article 36 of the "Civil Execution Rules," and the returned results are managed in accordance with the property list.

When applying, you must prepare and submit to the court of jurisdiction (the court that conducted property disclosure) the property inquiry application, 1,000 won in stamp fees, 2 rounds of delivery fees, and inquiry fees for each inquiry institution.

In other words, after the creditor applies for property disclosure, with the court's permission, the debtor's property in their name can be inquired through public institutions and financial institutions.

Therefore, it is a very useful procedure for creditors preparing for compulsory execution, and in your situation, it appears that you can proceed after applying for property disclosure.