📝 Description
The bankrupt agricultural cooperative LIT-KOOP (code 302482089) is selling a claim right against a debt owed by a private individual. The nominal value of this claim is 30 073.66 EUR. The starting price for the auction is 24 058 EUR. Interest accrues at an annual rate of 8% on the awarded sum until full payment is received. Enforcement documents were issued based on the Kaunas District Court decision of 2019-02-08 and have been submitted to the bailiff, meaning the claim is currently under compulsory execution. If any portion of the claim is satisfied before the final settlement for the acquired right, only the remaining portion will be sold, and the purchase price will be proportionally reduced; any overpayment by the buyer will be refunded. VAT is not applicable. The sale is conducted via insolvency administrator bidding. Note that this asset is linked to the liquidation phase of bankruptcy and may involve legal or execution restrictions.
❓ Frequently asked questions
What is the starting auction price?
The starting price at the auction is 24 058 EUR.
What is the nominal value of the claim and from when are interests calculated?
The nominal value of the claim is 30 073.66 EUR. The claim amount is calculated with 8% annual interest from the awarded sum until full fulfillment.
When does the auction take place?
The auction starts on 2025-10-10 11:57:30 and ends on 2025-10-30 11:57:59.
Is the claim under compulsory enforcement?
Yes. Based on the Kaunas District Court decision of 2019-02-08, enforcement documents were issued to the bailiff, so the claims are currently being enforced forcibly.
Who is selling the claim right?
The seller is the liquidated agricultural cooperative LIT-KOOP (code 302482089).
What happens if part of the claim is satisfied before settlement?
If part of the claim is satisfied before the settlement and signing of documents for acquiring the claim right, only the remaining part of the claim is sold, and the sale price is proportionally reduced; any overpayment made by the buyer will be returned.
Is VAT applied to the sale?
VAT object: No.