The Legal Execution Department rushes to solve the Student Loan Fund debt problem to help debtors.

The Legal Execution Department hastened to solve the student loan debt problem in order to help student loan debtors have the opportunity to restructure their debts at the court execution level.

Mrs. Penrawee Masaeng, Deputy Director-General of the Legal Execution Department A spokesperson for the Legal Execution Department revealed that in accordance with the Student Loan Fund Act (No. 2) B.E. 2023, which came into effect on March 20, 2023, which is related to the mission of the Legal Execution Department. Because the Student Loan Fund (SLF) is a creditor according to the judgment. which has enforced legal action against the assets of the Student Loan Fund debtors, which has a total of 46,458 cases, capital assets 6,680,717,342.68 baht. In this regard, the Student Loan Fund has sent a letter to the Legal Execution Department. To request to stop the auction of property in the case The Student Loan Fund has seized assets in every case. The Legal Execution Department has determined assistance and opportunities for debtors. The Student Loan Fund is an urgent matter. Therefore, the Office of Legal Execution across the country has been informed to follow the same guidelines. If the Student Loan Fund has issued a statement suspending the execution of the case without delivering the letter of consent of the judgment debtor as well as those who are interested in enforcing the case against the enforcement officer The enforcement officer has a warrant to notify the judgment debtor. as well as those who are interested in the execution to give their consent. The Student Loan Fund issued a statement regarding the suspension of the execution. To be in accordance with the Civil Procedure Code Therefore, if the debtor of the Student Loan Fund who receives a notice from the enforcement officer gives consent to suspend the execution. or refrain from auctioning You can contact every law enforcement office nationwide to give your consent. who received a notice from the enforcement officer giving consent to suspend the execution or refrain from auctioning You can contact every legal enforcement office nationwide to give your consent. who received a notice from the enforcement officer giving consent to suspend the execution or refrain from auctioning You can contact every legal enforcement office nationwide to give your consent.

Such an operation It is a collaboration between Legal Execution Department and the Student Loan Fund to give the Student Loan Fund debtor an opportunity to restructure their debt. To be able to pay off debt in installments. and it alleviates the suffering of legal enforcement. which is consistent with the policy of Minister of Justice which specifies that resolving student loan debt is one of the Quick Win projects of the Ministry of Justice. that must be urgently acted upon. The Ministry of Justice has established a working group To study and prepare a debt restructuring contract in accordance with the Student Loan Fund Act (No. 2) B.E. 2023 in order to further achieve the intent of the said law. -Thai news agency

Source: Thai News Agency