How Easy Is It To Cancel The Enforcement Inscription By A Notary And Is It Worth Using It?

Currently, the use of the enforcement inscription by a notary is increasing. This mechanism not only significantly reduces the costs of the claimant, but also allows the procedure to be expedited, as much of the time was previously spent on court proceedings. However, despite all the positive aspects of this mechanism, the procedure for cancelling the enforcement inscription by a notary is straightforward, in case the debtor does not agree with the issued document.

In accordance with paragraph 1, Article 92-1 of the Law of the Republic of Kazakhstan "On Notaries", in order to collect money or claim other movable property from the debtor, the notary shall issue an enforcement inscription by a notary on the document establishing the debt, or issue a relevant resolution. It is important to have the original document, which indicates the presence of debt. the notary must put his mark on this document.